Airtel Africa leads gainers, as market capitalization appreciates by N318bn

The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 129 basis points.

The NGX ASI closed at 46,529.99 points, to reflect a growth of 1.29% from the previous trading day and a Year-to-Date (YTD) return of 8.93%. Meanwhile, the market capitalization increased by N318.19 billion.

At the close of market on Wednesday 26th January 2022, the stock exchange market value currently stands at N25.07 trillion from N24.77 trillion in the previous trading day.

The market breadth closed flat as Airtel led 19 gainers, and 19 losers topped by CADBURY at the end of today’s session.

The stock market has advanced 3,813.55 base points since the start of the year.

NGX ASI Top gainers

AIRTEL up +10.00% to close at N1,271

ETI up +9.55% to close at N10.90

COURTVILLE up +9.09% to close at N0.60

ACADEMY up +8.86% to close at N0.86

LEARNAFRI up +8.53% to close at N1.40

NGX ASI Top losers

CADBURY down – 9.47% to close at N8.6

PRESTIGE down – 8.70% to close at N0.42

CHAMPION down – 7.84% to close at N2.35

LINKASS down – 7.14% to close at N0.52

NEIMETH down – 5.26% to close at N1.80

NGX ASI Top Traded by Volume

MULTIVERSE – 57,599,031 units

MBENEFIT – 48,257,904 units

GTCO – 36,746,847 units

CHAMS – 22,060,702 units

NB – 13,368,201 units

NGX ASI Top Traded by Value

MTNN – N995,268,654.80

GTCO – N936,852,160.50

NB – N632,535,523.00

AIRTELAFRI – N515,225,106.90

SEPLAT – N323,695,913.00

Market sentiments trend towards the bulls with the market differential being flat as 19 gainers equalled 19 losers.

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