JAPAUL, CHAMPION, and OANDO are the biggest losers as the NGX drops by another N51 billion

As the benchmark All-Share Index (ASI) depreciated by 20 basis points, the NGX closed on a negative note amid sell-offs and buy-interests.

The NGX ASI ended the day at 47,156.56 points, down 0.20 percent from the previous trading day and a 10.39 percent year-to-date performance. In the meantime, the market capitalization fell by N51.40 billion.

The stock exchange market value currently stands at N25.41 trillion at the end of the business day on Tuesday, March 22nd, 2022.

At the end of today's session, the market breadth was negative, with NPFMCRFBNK leading 16 gainers and JAPAULGOLD leading 29 losers.

Since the beginning of the year, the stock market has risen by 4,440.12 basis points.

NGX Top ASI gainers  

• NPFMCRFBNK up +9.52% to close at N2.53
• FCMB up +7.94% to close at N3.67
• PRESTIGE up +6.52% to close at N0.49
• CHAMS up +4.76% to close at N0.22
• UACN up +4.74% to close at N12.15

NGX Top ASI losers 

• JAPAULGOLD down – 8.82% to close at N0.31
• CHAMPION down – 8.78% to close at N1.87
• OANDO down – 6.75% to close at N4.70
• MANSARD down – 6.52% to close at N2.15
• REGALINS down – 5.26% to close at N0.36

NGX ASI Top Traded by Volume

• ACCESS – 44,151,266
• UBA – 39,543,235
• FIDELITY – 33,352,263

NGX ASI Top Traded by Value

• ZENITH – N758,009,979.60
• GTCO – N737,469,776.20
• NESTLE – N462,580,024.00

The market is leaning towards the bears, with the market difference favoring the decliners, with 16 gainers outnumbering 29 losers.