Equities investors trading on the floor of the Nigerian Exchange Group Limited (NGX) lost N20.
52 billion in market capitalization at the end of business on Wednesday amid bargain hunting.
Trading Floor of the Nigerian Exchange (NGX)
The All-Share Index dropped by 23 points, representing a 0.
05 percent decrease to close at 43,707.
30 points lower than the 43,730.
55 points recorded on Tuesday.
The market capitalization of listed equities depreciated by N20.
52 billion to close at N22.
809 trillion, showing a 0.
05 percent decrease compared to the N22, 821 trillion of the previous day.
A total volume of 270.
70 million units of shares valued at N5.
63 billion exchanged hands in 3,861 deals.
At the end of the day’s trading, 18 equities emerged on the gainers’ list as against 19 losers.
On price gain movement, Neimeth led the chart with a price gain of N0.
18k to close at N1.
CHAMS Plc followed with a price gain of N0.
02k to close at N0.
24k, while MBENEFIT gained N0.
02 to close at N0.
On the other hand, Red Star Express Plc led the losers’ chart with a loss of N0.
36k to close at N3.
PHARM Deko Plc followed with a closing price of N2.
11k after losing N0.
23k, while ABCTRANS lost N0.
03k to close at N0.
NGX: Investors lose over N20bn in mid-week trade