The All Share Index of the Nigerian Stock Exchange depreciated by 1.30%, continuing its negative trend in October on the back of sell pressure by investors. The primary index of the N.S.E. lost 0.57% yesterday. Despite sustained buy pressure and demand in the morning, the index lost 390 basis points to close at 29,668.16 basis points at the end of trading today. Market Capitalization for the market at the close of trading today was N10.19 trillion.
The total number of deals recorded on the floor increased by 11.5% against a1.03% increase recorded yesterday, even as all other indices ended the day positive. The total volume of shares traded on the floor increased by 29.27% after reducing by 7.71% yesterday, while the total value of transactions recorded increased by 19.55% after a reduction of 6.63% recorded yesterday.
The top five most actively traded shares by volume on the exchange today were TRANSCORP, UBA, ETI, FBNH and ZENITHBANK with a combined total of 80 million shares traded.
Market breadth closed negative as MOBIL led 19 Gainers against 28 Losers led by TOTAL.
Year-To-Date currently stands at -14.40%.
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