Investor • Nigeria • Stock • Stock market • Capital market • Exchan. is the stock market open tomorrow.

NEWSKFM : Capital market : Bulls keep up with position as nearby bourse appreciates by N77 billion.
The NGX shut optimistically in the midst of sell-offs and purchase interests as the benchmark All-Share Index (ASI) valued by 30 premise point.

The NGX ASI shut down at 47,510.38 places, to mirror a development of 0.30% from the past exchanging day and a Year-to-Date (YTD) return of 11.22%. In the mean time, the market capitalization developed by N77.13 billion.

At the end of market on Thursday fourteenth April 2022, the stock trade market esteem right now remains at N25.61 trillion toward the finish of the exchanging day.
The market expansiveness shut positive as SFSREIT drove 21 gainers, and 16 washouts beat by DANGSUGAR toward the finish of the present meeting.

The securities exchange has progressed 4,793.94 base focuses since the beginning of the year.

NGX Top ASI gainers

SFSREIT up +10.00% to close at N77.00
MEYER up +7.38% to close at N1.60
UPDC up +7.32% to close at N0.88
CHAMS up +5.00% to close at N0.21
LINKASS up +4.08% to close at N0.51
NGX Top ASI washouts

DANGSUGAR down – 5.09% to close at N15.85
RTBRISCOE down – 5.00% to close at N0.57
AFRIPRUD down – 4.76% to close at N6.00
UBN down – 4.62% to close at N6.20
CUTIX down – 1.64% to close at N2.40
NGX ASI Top Traded by Volume

Loyalty – 74,813,893
Authentic – 45,533,210
ACCESS – 33,865,945
NGX ASI Top Traded by Value

ZENITHBANK – N777,993,766.15
MTNN – N536,661,658.40
GTCO – N490,453,400.15
Market feelings pattern towards the bulls with the market differential being supportive of the advancers as 21 gainers outperformed 16 failures.

Values Investors Reap N77bn Amidst Easter Celebration.
Exchanging on the Nigerian securities exchange yesterday shut positive by acquiring N77billion, henceforth, supporting a five-day bullish pattern in the midst of easter festival.

Yesterday is the last exchanging day of the week as the central government pronounced Friday, (Good Friday) April fifteenth, and Monday, (Easter Monday) April eighteenth, 2022 as open occasions to check the Easter festivals.

The All Share Index (ASI) rose by 143.07 focuses, addressing an increment of 0.30 percent to close at 47,510.38 places. While the general market capitalisation esteem acquired N77 billion to close at N25.613 trillion.

The upswing was affected by gains kept in medium and enormous promoted stocks, among which are; SFS Real Estate Investment Trust (SFSReit), Dangote Cement, Nigerian Breweries, Julius Berger and Berger Paints Nigeria.

Examiners at Afrinvest Limited said: “one week from now, we anticipate that the market should close certain on superior opinion.”
Market opinion, as estimated by market broadness, was positive as 21 stocks acquired, comparative with 16 decliners. SFSReit recorded the most exorbitant cost gain of 10% to close at N77.00, per share.

MEYER Plc followed with an increase 7.38 percent to close at N1.60, while UPDC Real Estate Investment Trust up by 7.32 percent to close at 88 kobo, per share.

Chams rose by five percent to close at 21 kobo, while Linkage Assurance valued by 4.08 percent to close at 51 kobo, per share. Then again, Dangote Sugar Refinery drove the washouts’ graph by 5.09 percent to close at N15.85, per share. R.T. Briscoe Nigeria followed with a decay of five percent to close at 57 kobo, while Africa Prudential deteriorated by 4.76 percent to close at N6.00, per share.

Association Bank of Nigeria (UBN) declined by 4.62 percent to close at N6.20, while Cutix and Red Star Express devalued by 1.64 percent each to close at N2.40 and N3.00 separately, per share.

In the interim, the absolute volume of exchanges fell by 1.7 percent to 385.182 million units, esteemed at N4.022 billion, and traded in 6,212 arrangements. Exchanges in the portions of Fidelity Bank beat the action outline with 74.814 million offers esteemed at N282.518 million. Real Bank followed with 45.533 million offers worth N64.895 million, while Access Holdings exchanged 33.866 million offers esteemed at N347.251 million.

Pinnacle Bank exchanged 31.090 million offers esteemed at N777.994 million, while African Alliance Insurance executed 26.656 million offers worth N5.331 million.