CEM REPORT | At the close of trading on Tuesday the Nigeria Exchange (NGX) closed positive as the benchmark All Share Index (ASI) closed 47,545.86 points.
Amidst sell-offs and buy-interest ASI appreciated by 0.07 percent from the previous day tradimg, a Year-to-Date (YTD) return of 11.31%.
Market capitalization grew by N19.13 billion as the stock market current value stands at N25.63 trillion.
Meyer top 21 gainers while Academy led 31 losers as market breadth equally closed positive at the close of tradimg session.
Telecommunication company MTN, continues it growth upwards sitting as the most valued trade.
The stock market currently stands at 4,829.42 base points since the start of the year.
Top five gainers include;
Meyer led by +10.00% to close at N1.76
Guinness by +6.86% to close at N74.80
NPFMCRFBNK by +6.80% to close at N2.20
Cadbury by +5.00% to close at N8.40
Unilever by +4.51% to close at N12.75
Top five losers are;
Academy stepped down by – 9.72% to close at N1.30
John Holt down – 9.30% to close at N0.78
Japaul down – 9.09% to close at N0.30
Neimeth down – 8.23% to close at N1.45
Pharm Deko down – 7.51% to close at N1.60
Top Valued Trade include;
MTNN – N4,718,513,327.20
Zenith Bank – N323,151,803.00
Access – N247,074,360.65
While Top Volume Trade are;
Fidelity – 33,757,853
Access – 23,960,306
MTNN – 22,152,138
Market sentiments trend towards the bulls with the market differential being in favour of the decliners as 21 gainers were surpassed by 31 losers.