Transactions in the Nigerian equity market on Wednesday closed negative, as losing streak extends to four consecutive trading days, following sell-off on MTNN and 15 others. Consequently, the market breadth closed negative, recording 11 gainers against 16 losers.
In summary, the All-Share Index (ASI) decreased by 58.72absolute points, representing a dip of 0.22% to close at 26,974.38 points. Similarly, the overall Market Capitalization size shed N30.59 billion, representing a dip of 0.22% to close at N14.05 trillion.
HONYFLOURemerged as the top gainer while VITAFOAMemerged as top loser.
The downtrend was impacted by losses recorded in large and medium capitalized stocks, amongst which are; ETI (-3.85%), MTNN (-3.45%), WAPIC(-3.13%), UCAP(-2.39%), FBNH(-0.92%) and STERLNBANK (-0.67%).
|CAP||N14,052,449,772,963.54||One Day (ASI CHG)||-0.22%|
|Index||26,974.38||One Week (ASI CHG)||-1.99%|
|Volume||228,376,852||One Month (ASI CHG)||-8.18%|
|Value||N2,737,560,762.71||Six Months (ASI CHG)||-2.29%|
|Deals||3,831||52 Weeks (ASI CHG)||-16.34%|