The Nigerian Exchange Limited (NGX) closed in the red on Wednesday as the All-Share Index (ASI) dipped by 0.02% to settle at 67,206.16 points. The market capitalization also declined by N6 billion to end at N36.923 trillion, down from N36.929 trillion on Tuesday.
The trading activity was lower than the previous session, as 5,998 deals were executed, involving 329.66 million shares worth N4.41 billion. This was a decrease from the 6,272 deals, 319.9 million shares, and N6.33 billion recorded on Tuesday.
The most traded stock by volume was Fidelity Bank (FIDELITYBK), which exchanged 50.32 million units, followed by Guaranty Trust Bank (GTCO), which traded 38.77 million units. GTCO traded the most valuable stock, worth N733.93 million, and Zenith Bank (ZENITHBANK), worth N608.76 million.
The top gainers of the day were Multiverse Mining and Exploration (MULTIVERSE), Chams Holdings (CHAMS), and Caverton Offshore Support Group (CAVERTON), which appreciated by 9.74%, 9.71%, and 9.35%, respectively. The top losers of the day were FTN Cocoa Processors (FTNCOCOA), Geregu Power (GEREGU), and Consolidated Hallmark Insurance (HMARKINS), which depreciated by 8.97%, 7.71%, and 7.14%, respectively.
The market indices for today’s trading session were as follows:
- NGX All-Share Index: 67,206.16 points
- % Day Change: -0.02%
- Day’s Lowest: 67,206.16 points
- Day’s Highest: 67,383.60 points
- % YTD: +31.13%
- Market Cap: N36.92 trillion
- Volume Traded: 329.66 million
- Value: N4.41 billion* Deals: 5,998
Source: Nairametrics