Trading on the equities market closed yesterday on a negative note, as NSE ASI depreciated by 0.55 per cent to close at 23,832.03 points from 23,963.64 on Monday while market capitalisation also dropped from N8.242 trillion to N8.196 trillion.
Its Year-to-Date (YTD) returns currently stands at -16.79%
The market recorded 25 gainers today led by Cadbury with a gain of N1.34 or 9.19 per cent to N15.92 followed by AG Levent with a gain of N0.03 or 5.00 per cent to close at N0.63 while SEPLAT gained N6.34 or 3.85 per cent to close at N170.88 per share.
Market turnover closes negative as volume declined by 33.61% against 78.59% decline recorded in the previous session. Caverton topped 29 stocks on the losers’ chart with N0.19 loss or 8.48 per cent to close at N2.05 followed by Glaxosmith that lost 1.40 or 5.00 per cent to close at N26.60 per share, and Unilever that lost N2.05 or 4.99 per cent to close at N39.04 per share.
Zenithbank, Guaranty and FBNH were the most active to boost market turnover. Nigerian Breweries and Guaranty top market value list.
Zenith bank traded in 17,824,339 volumes of equities valued at N216,112,802.08, with Guaranty dealing in 15,436,480 volume valued at N246,946,709.92. FBNH is not far from the pack as the company traded 14,512,693 volumes of equities also valued at 59,900,107.79, followed closely by UBA who had 10,216,159 volumes, valued at N30,459,906.61. Access bank completes the top five by dealing in 10,119,649 volumes of trade, valued at N41,623,806.11
Learnafrca leads the list of active stocks that recorded impressive volume spike at the end of today’s session.
Altogether, a total of 142,851,380 shares worth N1.644 billion exchange hands in 3,298 deals.