Market Opens the Week on Positive Note

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CEM REPORT | The Nigeria Exchange resumed the week from a positive close to continue in same form.

The benchmark All-Share Index (ASI) appreciated by 17 basis point to close at 48,543.36 points, reflecting a growth of 0.17 percent from the previous closing trading day and a Year-to-Date (YTD) return of 13.64 percent amidst sell-offs and buy-interests.

At the close of market on Monday 25th April 2022, the stock exchange market value stood at N26.17 trillion as market capitalization grew by N45.13 billion at the close of tradimg.

The market breadth similarly closed positive as UPD Creit led 43 gainers, and Unity Bank stood ahead of 16 losers  at the end of today’s session.

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The stock market has advanced 5,826.92 base points since the start of the year.

Market sentiments continues to trend towards the bulls with the market differential being in favour of the advancers as 43 gainers surpassed 16 losers.

NGX Top ASI gainers 

UPD Creit led with +10.00% to close at N3.85

Ikeja Hotel follwed by +9.93% to close at N1.55

Eterna by +9.92% to close at N7.31

Oando by +9.90% to close at N6.44

Skyavn up by +9.89% to close at N7.00

NGX Top ASI losers

Unity Bank went down by – 6.00% to close at N0.47

Academy down by – 5.98% to close at N1.10

Ja Paul down by – 5.88% to close at N0.32

UPDC down by – 4.49% to close at N0.85

WAPIC down by – 4.35% to close at N0.44

NGX ASI Top Traded by Volume

Zenith Bank – 35,842,261

Oando – 30,817,441

Man Sard– 23,071,016

NGX ASI Top Traded by Value

Zenith Bank – N912,150,444.20

PRESCO – N488,528,426.70

WAPCO – N471,247,792.90

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