The inventory market on Tuesday witnessed a downturn as efficiency indices declined by 0.43 per cent.
Particularly, the Nigerian Alternate Ltd. (NGX) market capitalisation fell by N285 billion or 0.43 per cent to N66.484 trillion from N66.769 trillion recorded on Monday
Additionally, the All-Share Index dropped by 0.43 per cent or 454 factors to shut at 106,167.75 towards 106,621.91 posted the day past.
The market breadth closed detrimental with 31 losers and 23 gainers.
On the losers’ chart, Mecure industries declined by 10 per cent, to shut at N11.25, whereas ABC Transport misplaced by 7.98 per cent, to shut at N1.50 per share.
Daar Communications fell by 7.46 per cent, to shut at 62k, and Guinea Insurance coverage declined by 7.35 per cent, to shut at 63k per share.
Additionally, Royal Alternate misplaced by 7.32 per cent, to shut at 75k per share.
Article Web page with Monetary Assist Promotion
In the meantime, on the gainers’ chart, Livestock Feeds soared by 9.93 per cent to shut at N9.85, whereas Cornerstone Insurance coverage gained by 9.25 per cent to shut at N3.19 per share.
Worldwide Power Insurance coverage elevated by 8.99 per cent to shut at N1.94 per share, whereas Sensible Merchandise Nigeria gained by 8.33 per cent to shut at 39k.
Additionally, Lasaco Assurance soared by 7.55 per cent to shut at N2.85 per share.
A complete of 324.59 million shares price N7.918 billion had been exchanged throughout 12,652 transactions, in comparison with 364.97 million shares, price N17.628 billion exchanged throughout 14,565 transactions recorded earlier.
Transactions within the shares of Constancy Financial institution topped the exercise chart with 29.387 million shares valued at N502 million.
READ ALSO: Nigeria inventory market rebounds Thursday
Entry Company adopted with 28.345 million shares price N680 million whereas Warranty Belief Holding Firm transacted 28 million shares valued at N1.688 billion.
Zenith Financial institution traded 22.359 shares price N1.067 billion, whereas Common Insurance coverage transacted 16.194 million shares valued at N9.724 million.
(NAN)
Assist PREMIUM TIMES’ journalism of integrity and credibility
At Premium Instances, we firmly consider within the significance of high-quality journalism. Recognizing that not everybody can afford expensive information subscriptions, we’re devoted to delivering meticulously researched, fact-checked information that is still freely accessible to all.
Whether or not you flip to Premium Instances for every day updates, in-depth investigations into urgent nationwide points, or entertaining trending tales, we worth your readership.
It’s important to acknowledge that information manufacturing incurs bills, and we take pleasure in by no means inserting our tales behind a prohibitive paywall.
Would you think about supporting us with a modest contribution on a month-to-month foundation to assist preserve our dedication to free, accessible information?
Make Contribution
TEXT AD: Name Willie – +2348098788999
