The benchmark All-Share Index of the Nigerian Exchange Group (NGX) declined again on Wednesday by 1.33% or 524 points to close at 38,781.48 points.
At the end of the day’s trading session, a total of 259,512 million shares in 3,547 deals with market value of N1.91 billion were traded just as the market capitalization dropped further to close at N20.3 trillion from N20.5 trillion on Tuesday.
Out of the 105 listed equities which participated in trading, 19 gained while 25 lost.
Consolidated Hallmark Insurance led the gainers, appreciating by N0.3k to close at N0.33k per share, followed by Portland Paints and Products, which gained N0.20k to close at N2.60k and Royal Exchange, which appreciated by N0.03k to close at N0.45k.
On the losing side, FTN Cocoa came out last as it depreciated by N0.04k to close at N0.36k, followed by Neimeth with N0.17k loss to close at N1.73k and International Brewery with N0.50k loss to close at N5.20k.
First Bank Nigeria Holdings recorded the highest volume of trade at 69.47 million shares valued at N514.3 million, followed by Transcorp with 36.72 million shares worth N32.97 million.
Amaka E. Nliam
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