Losers Dominate NGX Tuesday Trading as ASI drops

0

CEM REPORT | Trading in the Nigerian Exchange on Tuesday ended on a negative territory as the market recorded 37 losers and only 3 gainers with the All Share Index declining 958.16 (-1.86%) points to close at 50,442.37, representing a 1-week loss of 3.57%, a 4-week loss of 2.44%

A total of 156,167,630 shares in 4,618 deals were traded, corresponding to a market value of NGN 2,936,648,638.45. Compared with the previous NGX trading day (Monday, July 25), today’s data shows 58% improvement in volume, 17% improvement in turnover, and 7% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 27.2 trillion.

In the aggregate, 105 NGX listed equities participated in trading. Top gainers include Livestock Feeds  with 1.63% share price appreciation closing at NGN 1.25 per share, followed by FBN Holdings (+1.36%) and Sterling Bank (+1.32%).

On the losing side, Trans-Nationwide Express came out last with an end-of-day price depreciation of 10% at NGN 0.63 per share, followed by International Breweries (-9.91%), MTN Nigeria (-9.62%) and PZ Cussons Nigeria (-9.62%).

For traded volume, Flour Mills Nigeria recorded the highest volume of 19.3 million traded shares, followed by Transcorp Nigeria (15.4m), Guaranty Trust Holding (12.7m) and Zenith Bank (11.4m).

Click here for closing share price

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments