ASI Breaks Record, Surpassing 100,000 Points as NGX Continues Rapid Momentum

ASI Breaks Record, Surpassing 100,000 Points as NGX Continues Rapid Momentum

The NGX continues its bullish streak, breaking records yet again as the All-Share Index reaches an impressive 101,571.11 points, marking a 3% increase from the previous day’s 98,616.97 points. This surge in the market has also propelled the market capitalization to N55.58 trillion, with equities gaining N1.62 trillion, a 3% increase over yesterday’s N53.97 trillion.

Driving the rally today were the usual drivers of growth: BUA Cement, which gained 9.98%; Dangote Cement, which gained 6.49%; and BUA Foods, which gained 5.49%. However, trading volume saw a 34.65% decline to 488.49 million units, and trading value also experienced a 50.6% decline to N8.04 billion.

Here are the key figures:
– NGX All-Share Index: 101,571.11 points
– % Day Change: +3%
– Day’s Lowest: 98,613.62 points
– Day’s Highest: 101,571.11 points
– % YTD: +35.84%
– Market Cap: N55.58 trillion
– Volume Traded: 488.49 million units
– Value Traded: N8.04 billion

Top Gainers:
1. WAPIC: +10.00% to close at N0.88
2. BUACEMENT

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