Trading of equities on the Nigerian Exchange ended on Wednesday in the negative territory with the All-share index dropping by 0.22% or 94.3 points to close at 43,349.90 points as against 43,444.20 on Tuesday.
Also, the market capitalisation depreciated by N50 billion to close the day at N22,622 compared to N22,672 recorded on Tuesday.
The market sentiment was also negative as the market closed with 14 gainers and 24 losers.
Associated Bus Company was top on the gainers chart after it gained N0.03k to close at N0.33k followed by Chams with N0.01k gain to close at N0.23k and Cutix with N0.10k gain to close at N3.35k.
Conversely, Neimeth International Pharmaceutical came out last having lost N0.18k to close at N1.80k, then Japaul Gold and Ventures lost N0.04k to close at N0.40k and Unity Bank lost N0.05k to close at N0.54k per share.
For the third consecutive day, First Bank Holdings has the highest volume of traded shares as it traded 68.6 million shares followed by International Breweries with 36.7 million shares.
At the end of the day’s trading, a total of 264.78 million shares worth N6.08 billion were traded in 4,230 deals.
Bilkisu Pai
