Trading activities on the Nigerian equities market ended bearish on Tuesday as sell-off persists in major blue chip stocks.
Consequently, The Nigerian Exchange Limited (NGX) All Share Index (NGX ASI) and the market capitalization decreased by 0.69%, while the Year-to-Date (YTD) return stood at 16.22%.
According to information provided by the market regulators, the All Share Index closed at 49,644.92 against the previous close of 49,991.41 while market capitalization closed at N26.778 trillion against previous day’s close of N26.964 trillion.
As expected, volume traded decreased by 30.82% from 200.920 million to 139.000 million, while the total value of stock traded increased by 88.82% from N1.446 billion to N2.730 billion in 4,247 deals.
The Financial Services sector led the activity chart with 99.897 million shares exchanged for N0.943 billion. Conglomerates came next with 15.652 million shares traded for N0.041 billion, ICT, Consumer Goods, Agriculture sectors followed in that order on the activity chart.
The most active stocks by volume were STERLNBANK, TRANSCORP, ZENITHBANK, ZENITHBANK and GTCO while UNILEVER, CAP, CHAMS, STERLNBANK and SOVRENINS emerged the highest price gainers on the chart.
Conversely, NPFMCRFBK, REGALINS, LIVESTOCK, NGXGROUP and ZENITHBANK topped the losers chart.
