FMCGs lead gainers as stock exchange market cap grows N89.53 billion

As companies begin to release their quarter earnings, we see mixed reactions in the market as investors begin to react either positively or negatively towards released results and expectations of companies who are yet to disclose their earnings.

The Nigerian Exchange market closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 41 basis points.

The NGX ASI closed at 41,961.14 points, to reflect a growth of 0.41% from the previous trading day and a Year-to-Date (YTD) return of 4.02%. Meanwhile, the market capitalization increased by N89.53 billion.

At the close of market today, Thursday, 28th October 2021, the stock exchange market value currently stands at N21.90 trillion from N21.81 trillion in the previous trading day.

The market breadth closed positive as GUINNESS led 21 Gainers, and 13 Losers topped by MANSARD at the end of today’s session.

The stock market has advanced 1,690.42 base points since the start of the year.

NGX ASI Top gainers

  • GUINNESS +10.00% to close at N33.00
  • CADBURY up +10.00% to close at N8.8
  • UPL up +10.00% to close at N1.98
  • AIICO up +9.71% to close at N1.13
  • NB up +6.37% to close at N54.25

NGX ASI Top losers

  • MANSARD down –6.02% to close at N2.34
  • JAPAUL down –4.44% to close at N0.43
  • COURTVILLE down –4.35% to close at N0.44
  • MBENEFIT down –3.45% to close at N0.28
  • LASACO down –2.50% to close at N1.17

NGX ASI Top Traded by Volume  

  • FBNH – 162,608,406 units
  • TRANSCORP- 115,685,377 units
  • CILEASING – 63,441,557 units
  • UBA – 60,027,017 units
  • ACCESS –  28,970,883 units

NGX ASI Top Traded by Value

  • FBNH – N1,872,995,970.90
  • UBA – N509,397,315.75
  • CILEASING – N291,824,211.45
  • ACCESS – N273,322,117.00
  • MTNN – N227,165,159.10

Market sentiments trend towards the bulls with the market differential being in favour of the advancers as 21 gainers surpass 13 losers.

Source: NairaMetrics

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More