The All Share Index of the Nigerian Stock Exchange ended today’s trading session on a negative note with a 2.32% loss as investors continue to sell off shares leading to more supply than demand. Falling oil prices, fears from China’s economic slowdown and global investors fears are also factors contributing to capital flight. The ASI closed at 28,137.65 basis points, with the Market Capitalization closing at N9.67 trillion.
The total value of transactions increased by 74.29% from the N2.92 Billion worth of shares traded yesterday. The number of deals recorded increased by 14.31% from 4,088 deals recorded yesterday, while the volume of transactions recorded declined by 19.91% down from 604,024,242 shares traded yesterday.
GUARANTY, ZENITHBK, ACCESS, TRANSCORP and UBA were the most actively traded stock on the exchange today, with a combined total of 364 Million shares traded.
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