For the third consecutive day on Wednesday, the Nigerian equities market witnessed another day of loss.
The benchmark all-share index declined by 0.06 per cent to close at 51,556.54 compared with 51,586.50 points at the close of trading on Tuesday while the market capitalisation depreciated by N16 billion to close the day’s trading at N27,794 trillion.
The market sentiment however ended on a positive note with 17 gainers and 16 gainers.
Academy Press led the gainers with a 9.79% gain to close at N 1.57k per share. After it was Consolidated Hallmark Insurance with an 8.7% price gain and a closing price of N0.75k followed by Japaul Gold and Ventures with a 7.41% gain and a closing price of N0.29k.
On the other hand, Champion Breweries was top on the losers list with a loss of 10 % to close at N 3.60 per share followed by N.E.M. Insurance Company which also lost 10% to close at N3.42k then Union Bank Nigeria lost 9.76% to close at N5.55k.
Transcorp Nigeria recorded the highest volume of 15.6 million traded shares for the day and was followed by Guaranty Trust Holding with 13.1 million shares.
Hauwa Abu
