The Nigerian Exchange Group (NGXGROUP), as a quoted company traded on the floor of the Nigerian Stock Exchange, led gainers today, increasing by 10.00% in share price to close at N21.45. 19,000,933 units of the Exchange’s shares were traded today, valued at N369.93 million.

In the two-trading days so far, NGXGROUP has rallied 20% gains starting the week at N17.75 and currently valued at N21.45.

The group was admitted on the Daily price list of the Nigerian Exchange Limited on Monday, following its successful listing of 1,964,115,918 ordinary shares valued at N16.15 per share on its Main Board on Friday.

Market performance

The Nigerian Exchange market closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 26 basis points.

The NGX ASI closed at 41,249.71 points, to reflect a growth of 0.26% from the previous trading day and a Year-to-Date (YTD) return of 2.43%. Meanwhile, the market capitalization increased by N54.81 billion.

At the close of market today, Wednesday, 20th October 2021, the stock exchange market value currently stands at N21.53 trillion from N21.47 trillion in the previous trading day.

The market breadth closed positive as NGXGROUP led 21 Gainers, and 18 Losers topped by PRESTIGE at the end of today’s session.

The stock market has advanced 978.99 basepoints since the start of the year.

NGX ASI top gainers

NGXGROUP up +10.00% to close at N21.45
GLAXOSMITH up +6.87% to close at N7.00
NPFMCRFBNK up +5.85% to close at N1.81
WAPIC up +4.17% to close at N0.50
FBNH up +3.83% to close at N12.20

NGX ASI top losers

PRESTIGE down –8.51% to close at N0.43
ACADEMY down –8.33% to close at N0.33
CHIPLC down –8.33% to close at N0.55
CADBURY down –5.88% to close at N8.00
UBN down –5.66% to close at N5.00

NGX ASI top traded by volume  

FBNH – 147,601,710 units
ETRANZACT – 105,166,888 units
ACCESS – 27,854,834 units
TRANSCORP – 22,292,997 units
GTCO – 20,595,381 units

NGX ASI top traded by value

FBNH – N1,756,369,828.65
GTCO – N612,908,183.40
NESTLE – N541,699,034.30
NGXGROUP – N379,327,108.05
ZENITHBANK – N297,907,459.70

Market sentiments trend towards the bulls with the market differential being in favour of the advancers as 21 gainers surpassed 18 losers.