Bourse closes bullish with market capitalization up N6bn

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.

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.