Bourse closes bullish with market capitalization up N6bn
January 19, 2023474 views0 comments
By Cynthia Ezekwe
Trading activities on the Nigerian Exchange (NGX) platform closed on a bullish note on Thursday, 19 January 2023.
The All-share Index (ASI) appreciated by 0.02 per cent to close at 52,626.42 points.
Meanwhile, market capitalization grew by N6 billion to close at N28.664 trillion while the Year-to-Date (YTD) returns settled at 1.99 per cent.
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An aggregate of N1.81 billion units of shares were traded in 3,183 deals, valued at N1.81 billion.
The market breadth closed positive as INTENEGINS led 25 gainers, against 16 equities that recorded losses in their share prices led by CILEASING.
INTENEGINS led the gainers chart as it grew by 9.76 per cent to close at N0.45; CWG gained 9.47 per cent to close at N1.04; CAVERTON appreciated by 9.38 per cent to close at N1.05; JOHNHOLT was up 9.09 per cent to close at N0.96; while LINKASSURE advanced 8.33 per cent to close at N0.52.
On the contrary, CILEASING topped the losers chart as it shed 10.00 per cent to close at N3.15; CHAMS lost 7.14 per cent to close at N0.26; SOVRENINS depreciated by 7.14 per cent to close at N0.26; UPDCREIT declined by 6.06 per cent to close at N3.10; while ROYALEX shed 5.56 per cent to close at N0.85.
As of the close of the day’s trading, the stock market value stood advanced by 1,030.76 basis points.