The All Share Index of the Nigerian Stock Exchange started the month on the low as bearish tendencies pushed the ASI below the 31,000 psychological line to end the day at 30,558.41 basis points, depreciating by 2.02% as against a 1.27% gain recorded yesterday. Market Capitalization for the market at the close of trading today was N10.51 trillion.
The total number of deals recorded on the floor reduced by 9.88% against a 4.86% reduction on Wednesday, while the total volume of shares traded on the floor also reduced by 34.06% a slight improvement from a 41.10% reduction recorded at the last trading session. Also the total value of transactions recorded reduced by 40.30% against an increase of 108.45% recorded on Wednesday.
The top five most actively traded shares on the exchange today were ACCESS, ZENITHBANK, UBA, DIAMONDBK and FBNH led the activity chart for today.
Market breadth closed positive as FO led 22 Gainers against 17 Losers led by NESTLE.
The All Share Index gained 0.15% for the week.
Year-To-Date currently stands at -11.74%.
Written by Omokolawole Lamikanra.
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