Stock Exchanges: Market capitalization makes gain of N281 billion

Trading activities on the floor of the Nigerian Exchange (NGX) closed with a gain of N281 billion in market capitalization, as bulls regained their grip on the local bourse.

The All Share Index (ASI) increased by 1.06% to close at 48,881.93 points.  In the same vein, market capitalization appreciated by N281 billion, Nairametrics reports.

As of the close of the market on Friday, the stock market value stood at N26.6 trillion. Since the start of the year, the stock market has advanced by 6165.49 basis points or 14.43%.

Meanwhile, market breadth closed positive as PRESTIGE led 17 gainers, with 10 losers topped by UNITYBNK at the end of today’s session.

Market Indices
NGX ASI: 48,881.93 points
Previous ASI: 48,365.14 points
Percentage Day Change: 1.06%
% Y-t-D: 14.43%
Market Cap: N 26,624trillion
Volume: 100.8 million
Value: N1.14 billion
Deals: 2,440

NGX Top ASI gainers
PRESTIGE up +9.52% to close at N0.46
BUACEMENT up +9.17% to close at N91.70
THOMASWY up + 9.09% to close at N0.48
WAPIC up +8.82% to close at N0.37
PHARMDEKO up +8.11% to close at N2.00

NGX Top ASI losers
UNITYBNK down – 9.26% to close at N0.49
SCOA down – 9.20% to close at N0.79
JAPAULGOLD down – 6.90% to close at N0.27
LIVESTOCK down – 4.31% to close at N1.11
CHAMS down – 4.17% to close at N0.23

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