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Stock Market closes negative with market cap down N2 billion 

The Nigerian Exchange Limited (NGX) closed today’s trading session with a loss of N2 billion in market capitalization, as bears regain dominance on the local bourse. 

The All Share Index (ASI) declined by 0.01% to close at 47,656.64 points. In the same vein, market capitalization depreciated by N2 billion. 

As of the close of the market on Thursday, the stock market value stood at N25.9 trillion. Since the start of the year, the stock market has advanced by 4904.2 basis points or 11.56%. 

Meanwhile, market breadth closed positive as UPDCREIT led 13 gainers, with 11 losers topped by HONYFLOUR at the end of today’s session. 

Market Indices 

NGX ASI: 47,656.64 points 

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Previous ASI: 47,660.04 points 

Percentage Day Change: 0.01% 

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% Y-t-D: 11.56% 

Market Cap: N 25,957 trillion 

Volume: 172.8 million 

Value: N2.84billion 

Deals: 3,073 

NGX Top ASI gainers 

UPDCREIT up +9.09% to close at N3.00 

MCNICHOLS up +8.93% to close at N0.61 

JAPAULGOLD up + 7.41% to close at N0.29 

NB up +7.14 % to close at N45.00 

ROYALEX up +4.76% to close at N0.66 

NGX Top ASI losers 

HONYFLOUR down – 7.89 % to close at N2.10 

RTBRISCOE down – 7.41% to close at N0.25 

WEMABANK down – 5.45 % to close at N3.12 

FCMB down – 4.18% to close at N3.21 

CUTIX down – 2.84% to close at N2.05 

Top 3 by Volume 

FCMB– 49,801,524 

COURTVILLE – 16,864,550 

ACCESSCORP – 11,962,498 

Top 3 by Value 

MTNN- N891,982,061 

AIRTELAFRI– N660,547,865. 

ZENITHBANK- N221,417,191

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