Stock market sheds N33bn as NSEASI drops by 0.25%, Thursday

Trading activities on the floor of the Nigerian Stock Exchange on Thursday closed in red as the All Share Index declined by 0.25% to close at 27,252.09 points from the previous close of 27,319.64 points on Wednesday.

Market capitalisation closed at N13.258 trillion, shedding N33 billion from the previous close of N13.291 trillion.

Stock market sheds N33bn as NSEASI drops by 0.25%, Thursday

Aggregate volume of traded stocks closed at 133.34 million units, valued at N2.4 billion in 2,561 deals.

Market Breadth

The market breadth closed negative as 13 stocks gained while 17 stocks declined in their share prices.

Percentage Gainers

Stock market sheds N33bn as NSEASI drops by 0.25%, Thursday

UACN and UAC Properties with 10% growth both led the gainers’ list to close at N5.50 and N0.99 respectively.

Cadbury, Okomu Oil and NAHCO among others also grew their share prices by 6.45%, 6.13% and 6.12% respectively.

Percentage Losers

Ikeja Hotel, Honeywell Flour and PZ among other price decliners also shed 9.30%, 7.07%, and 5.08% of their share prices respectively.

 

Volume Drivers

Stock market sheds N33bn as NSEASI drops by 0.25%, Thursday

  • Guaranty Trust Bank traded about 35 million units of its shares in 141 deals, valued at N925.88 million.

 

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