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The Nigerian stock market closed today with over N23 billion gain

T.I Ukende
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The Nigerian stock exchange Logo. Image Credit: thecable.com

The Nigerian Exchange has started the new week with an optimistic outlook to support the assembly in the midst of sell-offs and purchase interests as the benchmark All-Share Index (ASI) valued by 9 premise focuses.

The NGX ASI shut down at 43,897.13 places, to mirror a development of 0.09% from the past exchanging day and a Year-to-Date (YTD) return of 2.76%. In the mean time, the market capitalization expanded by N23.01 billion.

At the end of market on Monday 10th January 2022, the stock trade market esteem right now remains at N23.65 trillion from N23.63 trillion in the past exchanging day.

The market expansiveness shut positive as BUAFOODS drove 28 gainers, and 19 failures bested by NNFM toward the finish of the present meeting.

The securities exchange has progressed 1,180.69 base focuses since the beginning of the year.

NGX ASI Top gainers

BUAFOODS up +9.96% to close at N58.50

MRS up +9.72% to close at N13.55

PZ up +8.53% to close at N7.00

AIICO up +7.69% to close at N0.84

NPFMCRBNK up +6.45% to close at N1.98

NGX ASI Top washouts

NNFM down – 9.66% to close at N6.55

UBN down – 6.90% to close at N5.40

REDSTAREX down – 6.38% to close at N3.23

MTNN down – 5.84% to close at N185.50

SOVRENINS down – 3.85% to close at N0.25

NGX ASI Top Traded by Volume

BUAFOODS – 101,356,308 units

TRANSCORP – 51,224,442 units

ZENITHBANK – 12,129,510 units

GTCO – 10,351,474 units

SOVRENINS – 9,471,537 units

NGX ASI Top Traded by Value

BUAFOODS – N5,929,334,018.00

DANGCEM – N687,990,976.80

MTNN – N329,795,952.90

ZENITHBANK – N308,628,093.30

GTCO – N265,607,711.15

Market feelings pattern towards the bulls with the market differential being agreeable to the advancers as 28 gainers outperformed 19 washouts.

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