Investors dumped their shares as uncertainty hit the market today, allowing the bears to take the day. The All Share Index lost 0.61% after losing 0.05% on Friday to close below the 30,000 psychological line at 29,828.95 basis points, losing 183 basis points. Market Capitalization for the market at the close of trading today was N10.25 trillion.
The total number of deals recorded on the floor increased by 14.29% after dipping by 12.09% at Friday’s trading session. The total volume of shares traded on the floor went up by 142.70% after reducing by 46.79% in the last trading session, while the total value of transactions recorded spiked by 207.40% after dropping by 39.46% on Friday.
The Gainers list was led by WAPCO which gained N0.50 to close at N98, closely followed by SEPLAT and FLOURMILL which gained 0.50 and 0.30 Kobo respectively. The Losers list led by OKOMUOIL lost N2.56 to close at N30.56, closely followed by NB and GLAXOSMITH which lost N2.01 and N1.98 respectively.
The NSE 30 index depreciated by 0.66%, the Banking Sector index depreciated by 0.33% and the Oil and Gas index lost 1.47%.
The top five most actively traded shares by volume on the exchange today were ZENITHBANK, FBNH, DIAMONDBNK, TRANSCORP and CONTINSURE with a combined total of 277 million shares traded.
Market breadth closed negative as WAPCO led 10 Gainers against 28 Losers led by OKOMUOIL.
Year-To-Date currently stands at -13.93%.
