The Nigerian equities market closed bearish at the end of Thursday’s trading session as investors sustain their profit taking sentiment based on the preceding day’s gain recorded in the bourse..
Consequently, the All-Share Index (ASI) depreciated –0.06% lower to close at 67,335.30 index points as against 67,378.88 index points recorded in the previous day’s trading session.
Likewise, the market capitalization of equities dipped by N24 billion to close at N36.853 trillion, -0.06% lower than the N36.877 trillion recorded in the previous trading session.
According to data from the Nigerian Exchange Group (NGX) on the market indices, the volume traded during the day’s session stood at 788.54 million, valued at N14.17 billion in 8,810 deals,
As expected, the market breadth closed negative as CHELLARAM (10.00%) led the gainers, ETRANZACT (-10.00%) led the losers while UBA was the most traded equity – by volume – at the end of today’s session.
The top three ASI gainers at the close of the trading session comprised CHELLARAM, LEARN AFRICA, and ACADEMY led the top gainer’s chart as they all gained +10.00%, +9.97%, and +9.94% respectively.
Conversely, ETRANZACT, IKEJAHOTEL, and ABC TRANSPORT led the top losers’ chart as they lost –10.00%, -9.84%, and –9.78% respectively.
The data further showed that UBA led the chart in terms of volume as 301.02 million units were traded. STERLING (82.48 million) and CHIPLC (46.03 million) rounded up the top 3 traded stocks for today.
However, in terms of value traded, UBA (N4.89 billion) led the chart followed by OANDO (N383.75 million) and STERLINGNG (N313.28 million) to round up the top three.
