Stocks traded at the Nigerian Exchange Limited (NGX) closed positive as bulls dominated proceedings, driving up the broad market by 238.69 basis points.
The Market Capitalisation rose by N130 billion to close at N23.991 trillion, just as the All-Share-Index (ASI) appreciated by 0.54% to close at 44,046.94 points.
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Market breadth on the other hand closed negative as CORNERST led the gainer’s table while ETERNA led the loser’s table for Wednesday’s trading session. The stock market has advanced by 3.11% since the start of the year.
On a sectoral level, 2 of the 5 major indices of the Nigerian Exchange closed negative with NGX Oil & Gas index down by 0.35% and NGX Consumer Goods down by 0.25% respectively. While, NGX Banking, NGX Industrial, and NGX Insurance indices grew by 4.21%, 0.36%, and 0.78% respectively.
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- NGX ASI: 44,046.94 points
- Previous ASI: 43,808.25 points
- % Day Change: 0.54%
- % Y-t-D: 3.11%
- Deals: 3,039
- Volume: 159,437,692
- Value: N 2,861,032,374.73
