National Economy
Monday, May 12, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

NGX All-Share Index Soars To 45.9% Gain As 2023 Concludes

by Taiwo Bakare
1 year ago
in Business, Companies & Markets, News
Reading Time: 2 mins read
Nigeria's Stock Market Emerges As World's Best, Surpassing Argentina

Nigeria's Stock Market Emerges As World's Best, Surpassing Argentina

Share on FacebookShare on TwitterShare on Telegram

 

On the final trading day of 2023, the Nigerian Exchange (NGX) achieved an extraordinary milestone as the All-Share Index (ASI) experienced a commendable 0.36 per cent surge, reaching an impressive 74,773.77 points. This closing figure reflects a remarkable year-to-date growth of 45.90 per cent, positioning 2023 as the best-performing year since 2020 when the ASI recorded a growth of 50.03 per cent.

The equities market witnessed a positive shift in today’s trading session, leading to a gain of N148 billion in market capitalization, closing at N40.92 trillion compared to the previous day’s N40.77 trillion. Noteworthy market players, including MTNN, GTCO, BUAFOODS, and ZENITHBANK, experienced significant share price movements, contributing to the overall market performance.

While there was a marginal decline in trading volume to 368.629 million units from the previous day’s 384.576 million units, the market turnover value appreciated significantly to N12.82 billion, up from N5.67 billion.

You May Like

Umar Ajiya’s NNPC Legacies

Kwara Gov Approves Recruitment Of More Medical Workers

Key Market Indices for Today’s Trading Session:

• NGX All-Share Index: 74,773.77 points

• % Day Change: +0.36%

• Day’s Lowest: 74,366.97 points

• Day’s Highest: 74,850.26 points

• % YTD: +45.90%

• Market Cap: N40.92 trillion

• Volume Traded: 368.63 million units

 

Top Gainers:

1. LEARNAFRCA: +10.00% to close at N3.19

2. TRANSCOHOT: +10.00% to close at N70.18

3. MULTIVERSE: +9.95% to close at N18.57

4. ABBEYBDS: +9.90% to close at N2.25

5. IMG: +9.80% to close at N13.45

 

Top Losers:

1. DEAPCAP: -6.90 to close at N0.58

2. SNUASSUR: -5.17% to close at N1.10

3. FTNCOCOA: -4.52% to close at N1.48

4. NAHCO: -4.51% to close at N25.40

5. TANTALIZER: -4.8% to close at N0.47

Top Traded Stocks (by volume):

1. ZENITHBANK (+1.18%): 28.88 million units

2. CONHALLPLC (+9.79%): 26.62 million units

3. JAIZBANK (+4.86%): 24.61 million units

4. GEREGU (0.00%): 20.05 million units

5. ACCESSCORP (-0.22%): 17.63 million units

 

Top Traded Stocks (by value):

1. GEREGU (0.00%): N7.22 billion

2. ZENITHBANK (+1.18%): N1.116 billion

3. GTCO (+1.12%): N484.89 million

4. JBERGER (+8.04%): N414.78 million

5. ACCESSCORP (-0.22%): N407.06 million

 

SWOOT and FUGAZ Update:

  •  Mixed trading sentiment for stocks worth over N1 trillion, with gains in ZENITHBANK (+1.18%), GTCO (+1.12%), and MTNN (+0.57%).
  • Mixed sentiment for tier-1 banks, with FBNH (-0.21%) and ACCESSCORP (-0.22%) recording losses, while ZENITHBANK, GTCO, and UBA (+2.19%) recorded gains.

 

 

Tags: NGX All-Share Index Soars To 45.9% Gain As 2023 Concludes
ShareTweetShare
Previous Post

$60m Investor Funds At Risk As Nine Nigerian Startups Face Closure

Next Post

Fintech Association Takes Action Against E-payment Fraud In Nigeria

ANOTHER GOOD READ

Umar Ajiya’s NNPC Legacies
News

Umar Ajiya’s NNPC Legacies

17 hours ago
Kwara Gov Approves Recruitment Of More Medical Workers
News

Kwara Gov Approves Recruitment Of More Medical Workers

3 days ago
Nigeria Loses $3.6bn Annually To Foodborne Illnesses
News

Nigeria Loses $3.6bn Annually To Foodborne Illnesses

3 days ago
Senate Passes 2 Remaining Tax Reform Bills, Recommends Tax Tribunal
News

Senate Passes 2 Remaining Tax Reform Bills, Recommends Tax Tribunal

3 days ago
News

Olubadan Suspends 2 Chiefs Over Alleged Land Grabbing

3 days ago
Fire Destroys Multimillion Naira Foam Factory In Oyo
News

Fire Destroys Multimillion Naira Foam Factory In Oyo

3 days ago
Next Post
Fintech Association Takes Action Against E-payment Fraud In Nigeria

Fintech Association Takes Action Against E-payment Fraud In Nigeria

Most Recent

Umar Ajiya’s NNPC Legacies

Umar Ajiya’s NNPC Legacies

May 11, 2025
Kwara Gov Approves Recruitment Of More Medical Workers

Kwara Gov Approves Recruitment Of More Medical Workers

May 9, 2025
Nigeria Loses $3.6bn Annually To Foodborne Illnesses

Nigeria Loses $3.6bn Annually To Foodborne Illnesses

May 9, 2025
Senate Passes 2 Remaining Tax Reform Bills, Recommends Tax Tribunal

Senate Passes 2 Remaining Tax Reform Bills, Recommends Tax Tribunal

May 9, 2025

Olubadan Suspends 2 Chiefs Over Alleged Land Grabbing

May 9, 2025
Fire Destroys Multimillion Naira Foam Factory In Oyo

Fire Destroys Multimillion Naira Foam Factory In Oyo

May 9, 2025
Court Grants EeZeeTee N20m Bail Over Alleged $255,000 Forex Fraud

Court Grants EeZeeTee N20m Bail Over Alleged $255,000 Forex Fraud

May 9, 2025
TomTom Launches 2025 BTI Verse Challenge with Yaba Showdown   

TomTom Launches 2025 BTI Verse Challenge with Yaba Showdown  

May 8, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy