Nigerian Exchange Limited (NGX) trading session closed negative on Tuesday as investors lost N62 billion following bears’ return of hold on the bourse.
At the end of the session, the All-Share Index (ASI) dipped by 0.23% to close at 47,322.97 points while the market capitalization depreciated by N62 billion, thereby dipping the market value to N25.7 trillion.
Similarly, the market breadth closed negative as CHAMS led 13 gainers, with 14 losers topped by NEIMETH at the end of the day’s session.
A further appraisal of the market’s breadth index reflected that WAPIC was up +6.06% to close at N0.35, NPFMCRFBK up + 5.33% to close at N1.58, JAIZBANK up +3.66% to close at N0.85, and FCMB gained +3.08% to close at N3.35 on the gainers chart.
The top ASI losers were NEIMETH down – 7.97% to close at N1.27, NB which lost – 7.66% to close at N45.20, CAVERTON down – 5.68% to close at N0.83, ETI down – 5.16% to close at N10.10, and UBN down – 4.58% to close at N6.25
The figures also indicated that the top three stocks by volume were TRANSCORP– 34,589,996, ACCESSCORP – 11,170,020, and ZENITHBANK – 9,330,852 while MTNN – N354,281,063, ZENITHBANK – N202,528,173, GTCO- N169,379,594 topped the value’s chart.
