Wednesday, December 8

NGX closes flat as gainers subdue losers taking the market up by N596.41 million


The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 1 basis point.

The NGX ASI closed at 43,255.14 points, to reflect a decline of 0.01% from the previous trading day and a Year-to-Date (YTD) return of 7.41%. Meanwhile, the market capitalization increased by N596.41 million.

At the close of market today, Tuesday 23rd of November 2021, the stock exchange market value currently stands at N22.576 trillion from N22.575 trillion in the previous trading day.

The market breadth closed positive as HONYFLOUR led 19 gainers, and 15 Losers topped by UPDC at the end of today’s session.

The stock market has advanced 2,989.42 base points since the start of the year.

NGX ASI Top gainers

HONYFLOUR up +9.95% to close at N4.09
UPL up +8.70% to close at N2.50
CHIPLC up +7.41% to close at N0.58
GLAXOSMITH up +5.79% to close at N6.40
FTNCOCOA up +5.00% to close at N0.42

NGX ASI Top losers

UPDC down –9.35%to close at N1.26
NEM down –9.27% to close at N1.86
MANSARD down – 5.11% to close at N2.23
CHAMS down – 4.55% to close at N0.21
ROYALEX down –4.08% to close at N0.47

NGX ASI Top Traded by Volume

GTCO – 36,186,902 units
FBNH – 31,543,824 units
ZENITHBANK – 13,433,903 units
ACCESS – 13,091,171 units
HONYFLOUR – 9,841,846 units

NGX ASI Top Traded by Value

GTCO – N919,633,415.45
FBNH – N387,277,938.75
ZENITHBANK – N327,244,854.85
FLOURMILL – N240,621,745.40
AIRTEL – N213,624,633.20

Market sentiments trend towards the bears despite the market differential being in favour of the advancers as 19 gainers surpassed 15 losers.



nairametrics.com

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