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.
The 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.
Market sentiments trend towards the bulls with the market differential being in favour of the advancers as 28 gainers surpassed 19 losers.
– Nairametrics