Market capitalization declines to N20.595trn
At the Nigerian Stock Exchange (NSE) the All Share Index (ASI) fell by -0.40 percent to 39,364.67 points from 39,522.06 points, Investors lost N82.35 billion, Market capitalization declined by -2.26 percent to N20.595 trillion.
Investor sentiment as measured by the market breadth closed negative with 12 advancers and 47 decliners.
Across coverage sectors, the performance was bearish. The NSE insurance, banking, consumer goods, and oil & gas sectors dipped 4.04 percent, 1.54 percent.
1.47 percent, 64 basis points, and 0.65 percent, respectively. The flip side saw only the industrials improved marginally by 0.19 percent.
UPL recorded the highest price gain of 9.19 percent to close at N1.22 from N1.11.
MORISON followed with a gain of 9.09 percent to close at N0.6 while CAP gained by 5.26 percent to close at N20
WAPCO appreciated by 3.59 percent to close at N20.2 while LIVESTOCK increased by N2.28.
On the other hand, FIDSON and NNFM led the losers by -10 percent and -9.97 percent to close at N4.41 and N6.32 from N4.9 and N7.02 respectively. ENAMELWA followed with a decline of -9.95 percent to close at N19.9 from N22.1 while NEM Insurance and NCR depreciated by -9.95 percent and N9.91 percent to close at N1.72 from N3.09.
Transactions in the shares of UNIVINSURE topped the list of trades with 83.260 million volumes shares valued at N16.65 billion. ZENITH BANK followed with 38.647million shares worth N983.251 billion.
FBNH traded 31.253 million shares valued at N216.718 million. UBA traded 26,782 million valued at N211.571 billion while ACCESS traded 21,586 million valued at N168.090 billion.