The NGX continued its bullish run as the All-Share Index appreciated by 1.57%, gaining 1,618.98 to close at 104,421.23 points.

The market breadth was positive today, as there were 61 gainers, against 12 losers. The market’s bullish performance was led by Dangote Sugar which gained 7.17%, and banking stocks which recorded remarkable gains.

Equities gained N898 billion as the market cap closed at N57.16 trillion, up from yesterday’s N56.26 trillion.

In terms of trading volume, there was a 26% increase to 943.51 million units from yesterday’s 749.13 million units. And in terms of trading value, there was a 97% increase to N23.48 billion, from yesterday’s N12.16 billion.

Market Indices

• NGX All-Share Index: 104,421.23 points
• % Day Change: +1.57%
• Day’s Lowest: 102,804.77 points
• Day’s Highest: 104,590.52 points
• % YTD: +39.65%
• Market Cap: N57.16 trillion
• Volume Traded: 943.51 million units
• Value Traded: N23.48 billion

Source: https://nairametrics.com/2024/02/02/ngx-continues-bullish-run-as-asi-hits-104421-23-points/