Trading at the Nigerian Exchange Group (NGX) Equities market closed in the negative on Wednesday as the All-Share index depreciated by 1.48% or 577.43 points to close at 38,446.09 points making it the third consecutive day of loss this week.
Similarly, the market capitalization declined by N300 billion to close at N20.039 trillion compared to N29.339 trillion recorded on Tuesday.
A total of 153.64 million shares worth N2.44 billion were exchanged in 3,494 deals on Wednesday just as the market recorded 23 gainers as against 25 losers.
Seplat led the gainers after it gained N62.00k to close at N682.00; MRS gained N1.10K to close at N12.10k while Sterling Bank gained N0.15k to close at N1.69k.
On the other hand, CILeasing led the losers’ table as it closed at N4.50k having lost N0.50k. It was followed by AirtelAfrica, which lost N93.00k to close at N837.00k; BOC Gas lost N1.22k to close at N11.03k.
Zenith Bank was the most traded stock by volume on Wednesday, trading 9,638.615 million shares worth N222.85million followed by Guaranty Bank with 1,994,739 minion shares worth 587.87 million.
Amaka E. Nliam
