The gains recorded on the Nigerian equities market on Tuesday were reversed on Wednesday as trading ended bearish.
READ ALSO: NGX Equities Begin Trading Week With Bearish Sentiment
The market capitalisation depreciated by N6 billion to close at N36,923 trillion as against N36,929 trillion recorded on Tuesday while the all-share index shed 0.02% to close at 67,206.16 basis points compared to 67,217.77 points the previous day.
The market sentiment however closed in the positive territory with 23 gainers relative to 18 gainers.
Wednesday’s trading saw a total of 329.66 million shares with market value of N4.4 billion traded in 5,998 deals.
Multiverse Mining and Exploration led the gainers’ chart with 9.74% price appreciation to close at N2.93k, followed by Chams with 9.71% price gain and a closing price of N1.92k then Caverton Offshore Support Group gained 9.35% to close at N1.52k.
On the other hand, E- Tranzact International lost 10% to close at N7.56k. It was followed by Sunu Assurances also with 10% loss and a closing price of 0.99k while Deap Capital Management and Trust lost 7.41% to close at 0.25k.
At the end of the day’s trading, Fidelity Bank had the highest volume of 50.3 million traded shares and was followed by Access Holdings with 43.2 million shares.
