Equities transactions on the floor of the Nigerian Exchange Group Limited, recorded a downturn on the benchmark NGX All-Share Index (ASI) at end of business on Tuesday.
The ASI declined by 1,799.07 points representing a -0.92% percent to close at 194,484.61 basis points lower than Monday’s the 196.263.56 basis point.
This represents a 1-week gain of 2.7%, a 4-week gain of 17.36%, and an overall year-to-date gain of 24.98%.
Consequently, the current market capitalization of the Nigerian Stock Exchange is NGN 124.8 trillion after it shedding over N1 billion in losses.
Other remarkable indices that performed were the NGX Top 30 Index with -0.98%; +2.46% 1 week; +23.85% Year-to-date.NGX Industrial Index with +1.92%; +6% 1 week ; +33.96% Year-to-date. NGX Banking Index +1.23%; +7.61% 1 week ; +27.27% Year-to-date. NGX Premium Index with +0.75%; +5.5% 1 week; +42.25% Year-to-date. NGX Pension Index with +0.28%; +5.82% 1week; +33.92% Year-to-date, and NGX Oil & Gas Index with +0.15%; +3.76% 1week; +52.66% Year-to-date.
At the end of Tuesday’s trading session the NGX recorded a total of 1,129,347,917 shares in 72,159 deals, corresponding to a market value of NGN 45,476,593,123.89, were traded.
The data when compared with the previous NGX trading day showed a 12% decline in volume, 44% improvement in turnover, but 24% decline in deals.
The session ended with an aggregate of 133 NGX listed equities that participated in trading, ending with 27 gainers and 40 losers.
Gainers chart
Jaiz Bank led the gainers chart with 10% share price appreciation closing at NGN 12.76 per share, followed by Infinity Trust Mortgage Bank with 9.83%.
FCMB Group gained 9.72% on its share price; while Fortis Global Insurance gained +9.09%.
On the losing side, Daarcomm and Tantalizers share prices depreciated by 10% close at N2.25k N4.86k per share, followed by BUA Foods -9.99% drop on their share prices to close at N760.60k among others.