NGX: Bearish trend dominates, market index dips by 0.25%   

NGX: Bearish trend dominates, market index dips by 0.25%   

Transactions on the equities market of the Nigerian Exchange (NGX) ended bearish again on Thursday as the benchmark all share index dropped further by 0.

15% or 63.

93 basis points to close at 43,285.

97 points, compared to 43,349.

90 points on Wednesday.

 
The market capitalization also shed N73 billion to end the day’s trading at N22,589 trillion as against N22,662 trillion the previous day.

 
Investors traded a total of 210.

54 million shares with market value of N2.

61 billion in 3,423 deals just as the market closed with 12 gainers and 23 losers.

 
E- tranzact International led the gainers with N0.

19k gain to close at N2.

09k.

It was followed by Vitafoam Nigeria with N1.

90k to close at N20.

90k and Academy Press, which gained N0.

03k to close at N0.

36k.

 
Top on the losers’ list for day was Chams with price depreciation of N0.

02k to close at N0.

21k.

Next was Regency Alliance Insurance Company with a loss of N0.

03k to close at N0.

37k.

Unity Bank lost N0.

04k to close at N0.

50k.

 
Sterling Bank was the toast of investors on Thursday as it had the highest volume of traded shares of 60.

2 million and it was followed by E-Tranzact with 14.

1 million shares.

NGX: Bearish trend dominates, market index dips by 0.

25%   

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