All Share Index Ends Week In Red Zone

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The Nigerian Stock Exchange ended the week in the red zone on the back of bearish sentiments. The ASI dropped by 0.29% (50 points) compared with a 0.17% (46 points) loss yesterday, to end the day at 27,617.45 points, while Market Capitalization for the market at the close of trading today was N9.49 Trillion.

A total of 2,700 deals were struck today, an increase from 2,625 deals recorded yesterday, while the total volume of shares traded on the floor today were 338,188,482 and the total value of transactions recorded today was N2.6 Billion.

NB the gainers chart today adding N3 to close at N120 followed by UNILEVER and FBNH which added N1.9 and N0.45 close at N39.9 and N5.45 respectively; IKEJAHOTEL and ETRANZACT added N0.16 and N0.1 to close at N3.66 and N2.8 respectively.

The losers chart was led by GUINNESS who lost N3 to close with a share price of N123 followed by DANGCEM and GUARANTY who lost N1.99 and N0.45 to close with share prices of N158 and N20.55 respectively; UACN and OANDO lost N0.45 and N0.3 to close with share prices of N26 and N5.7 respectively.

The top five most actively traded shares by volume on the exchange today were FBNH with shares valued at N848 Million, UBA with shares valued at N107 Million, CONTINSURE with shares valued at N27 Million, ZENITHBANK with shares valued at N208 Million and DIAMONDBNK with shares valued at N29 Million.

Market breadth closed positive as NB led 16 Gainers against 21 Losers led by GUINNESS.

Year-To-Date currently stands at -20.31%.

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