Nigeria Stock Exchange Commence Week on Positive Note

According to reports from Nairametrics, The Nigerian Exchange has commenced the new week on a positive note to sustain the rally amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 9 basis points.

The NGX ASI closed at 43,897.13 points, to reflect a growth of 0.09% from the previous trading day and a Year-to-Date (YTD) return of 2.76%. Meanwhile, the market capitalization increased by N23.01 billion.

At the close of market on Monday 10th January 2022, the stock exchange market value currently stands at N23.65 trillion from N23.63 trillion in the previous trading day.

he market breadth closed positive as BUAFOODS led 28 gainers, and 19 losers topped by NNFM at the end of today’s session.

 The stock market has advanced 1,180.69 base points since the start of the year.

NGX ASI Top gainers

BUAFOODS up +9.96% to close at N58.50

MRS up +9.72% to close at N13.55

PZ up +8.53% to close at N7.00

AIICO up +7.69% to close at N0.84

NPFMCRBNK up +6.45% to close at N1.98

NGX ASI Top losers

NNFM down –9.66% to close at N6.55

UBN down – 6.90% to close at N5.40

REDSTAREX down – 6.38% to close at N3.23

MTNN down – 5.84% to close at N185.50

SOVRENINS down – 3.85% to close at N0.25