Kayode Tokede
The home inventory market closed decrease yesterday, because the Nigerian Exchange Limited All-Share Index (NGX ASI) dropped by 0.09 per cent to keep downward momentum.
The inventory market key indicator, the NGX ASI declined by 222.61 foundation factors, or 0.09 per cent, to shut at 247,513.63 foundation factors, down from 247,736.24 foundation factors the inventory market opened for buying and selling this week.
On this , the NGX ASI in its Year-to-Date return erased to 59.06 per cent.
Similarly, market capitalisation fell by N144 billion, or 0.09 per cent, to shut at N160.708 trillion, in contrast with N160.852 trillion.
However, the market breadth closed positively with 24 gainers and 21 losers.
On the gainers’ desk, Etranzact rose by 9.96 per cent, settling at N14.35, WAPIC trailed by 7.83 per cent, ending at N2.48 and Daar Communications grew by 7.25 per cent, closing at N1.48 per share.
Livestock Feeds gained by 6.92 per cent, ending the session at N15.45 and Chams superior by 5.88 per cent, ending at N3.60 per share.
Conversely, Legend Internet led the losers’ desk by 6.85 per cent, closing at N3.40, Omatek Ventures adopted by 6.43 per cent, settling at N1.31 whereas Secure Electronic Technology misplaced by 5.71 per cent, ending the session at 66k per share.
Also, Mutual Benefits Assurance shed by 5.49 per cent, ending at N3.10 and AIICO Insurance dipped by 4.39 per cent, closing at N3.92 per share.
Market exercise declined, with complete traded quantity falling by 2.76 per cent to 394.20 million shares, valued at N21.38 billion in 38,707 offers.
Access Corporation led in quantity, with 57.02 million shares traded, accounting for 14.46 per cent of the entire quantity.
GTCO recorded the very best worth at N3.13 billion, representing 14.63 per cent of the day’s complete worth.
