Nigerian Exchange Limited

NGX Extends Bearish Trend on Tuesday, Loses N148 Billion

The Nigerian Exchange Limited (NGX) extended its bearish trend on Tuesday as more stocks closed in the green.

Investors traded 204.647 million shares valued at N1.839 billion in 3,940 deals during the trading hours of Tuesday. While the market capitalization dipped to 39,022.52 index points.

The market value of listed equities declined by N148 billion from N20.487 trillion it closed on Monday to settle at N20.339 trillion on  Tuesday. See the details below.

Market Snapshot

ASI 39,022.52
DEALS 3,940.00
VOLUME 204,646,759.00
VALUE N 1,839,718,913.56
EQUITY CAP N 20,339,459,796,589.57
BOND CAP N 17,216,391,497,854.70
ETF CAP N 18,243,589,723.19

Top Gainers 

Symbols Last Close Current Change %Change
INITSPLC N0.40 N0.44 0.04 10.00%
ABCTRANS N0.40 N0.44 0.04 10.00%
ETERNA N7.25 N7.97 0.72 9.93%
TRANSCOHOT N3.25 N3.57 0.32 9.85%
WEMABANK N0.55 N0.58 0.03 5.45%

Top Losers

Symbols Last Close Current Change %Change
PORTPAINT N2.74 N2.47 -0.27 -9.85%
CHAMPION N2.17 N1.96 -0.21 -9.68%
SCOA N2.15 N1.95 -0.20 -9.30%
REGALINS N0.37 N0.34 -0.03 -8.11%
SUNUASSUR N0.54 N0.50 -0.04 -7.41%

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Samed Olukoya
4 years ago

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