The Nigerian Exchange (NGX) closed negative at the end of Friday’s trading session as bears held way thereby impacting negatively on the broad market.
Data from the Nigerian Exchange Group (NGX)showed that the All-Share Index (ASI) traded 0.04% lower to close at 55,930.97 index points as against 55,956.59 index points recorded in the previous day’s trading session.
Similarly, the data indicated that the market capitalization of equities depreciated by N14 billion to close at N30.454 trillion, a 0.04% loss compared to the N30.468 trillion recorded in the previous trading session.
At the end of the trading session, market breadth closed negative as CONOIL (-9.95%) led the losers, OMATEK (10.00%) led the gainers while FCMB Plc was the most traded equity – by volume – at the end of today’s session.
The market indices for the day’s trading session reflected that the volume traded totalled 574.74 million valued at N6.08 billion in 6,595 deals.
The NGX reported that the top five ASI gainers were OMATEK, which gained 10.00% to close at N0.22 per share; NEM, which also gained 10.00% to close at N6.05 per share; GOLDBREW, which appreciated by 9.88% to close at N0.89 per share; CHAMS, which gained 9.52% to close at N0.46 per share; and FTNCOCOA which also recorded 9.41% gain to close at N0.93 per share
The market indices showed that at the end of the day’s trading, the top five ASI losers were CONOIL, which was down by -9.95% to close at N71.95 per share; ABCTRANS, which depreciated by -9.30% to close at N0.39 per share; SOVRENINS was also down by -9.09% to close at N0.40 per share; SUNUASSUR recorded -8.51% loss to close at N0.43 per share; and COURTVILLE, which was down by -8.00% to close at N0.46 per share
The data further reflected that the top three traded stocks by volume comprised, FCMB: 204,812,267; ACCESSCORP: 40,104,650; and JAPAULGOLD: 37,843,082; while the top three stocks by value were FCMB: N941,959,806; ACCESSCORP: N518,256,913; and FBNH N333,333,127
