The equities trading on the floor of the Nigeria Exchange Group NGX Limited continued a downward trend on Thursday as key Index depreciated by 0.01% at the end of business.
The market capitalisation of equities dropped by N2 million to close at N20.424 trillion as against Wednesday’s N20.426 trillion.
Similarly, the All-Share Index also depreciated by 0.1% or 39.201.33 ponts compared to 39,204.52 absolute points recorded the previous day.
At end of the day’s trading, a total volume of 350. 53 million units of shares valued at N3.35 billion exchanged hands in 3,523 deals.
The market sentiment was negative as trading closed with nine gainers and 21 losers.
Chams Plc led the gainers table with N0.01k gain to close at N0.22k, then United Bank of Africa Plc followed with a price gain of N0.35k to close at N7.85k; while Cutix Plc also gained N0.22k to close at N5.00.
On the losers chart, Cornerstone Insurance Plc led the with a price loss of N0.04k to close at N0.48k, followed by AIICO Insurance Plc with a closing price of N0.95k after losing N0.07k and Learn Africa Plc lost N0.08k to close at N1.36k.
Transactions in the shares of FBN Holdings dominated the activity chart for the third consecutive day as the firm traded 97.728 million shares valued at N729.640 million.
Wema Bank Plc followed with 74.856 million shares valued at N58.482 million and Access Bank Plc had 47.750 million shares valued at N451.171 million.
Nneka Ukachukwu
