NGX retains positive growth, as ASI advances by 0.55%

The Nigerian Exchange Limited continued its positive trajectory as the NGX All-Share Index (ASI) advanced by 0.55 percent, closing at 72,299.79 basis points.

Compared to the previous day’s gain of 0.33 percent, which closed at 71,907.26 basis points, the NGXASI is now at 41.07 percent.

The Nigerian equities market closed positively, gaining 392.53 basis points, reflecting a positive market breadth.

The NGX Market CAP also recorded a gain of N214.80 billion in Naira terms.

The total volume traded advanced by 35.56  percent to close at N433.18m, valued at N8.08 billion and traded in 6,650 deals. ACCESSCORP was the most traded stock by volume with N60.18m, while GTCO was the most traded stock by value with N1.96 billion units traded.

The Gate Index declined by 0.07 percent to close at 183.23, while the Toni index advanced by 3.64 percent to close at 403.45 basis points.

At the close of trading, the market recorded 34 gainers, 15 losers, and 67 unchanged. SCOA topped the gainers list, while UPL topped the list of losers.

Thus, market breadth closed positive as the Market Breadth Index (MBI) is 0.28x.