Market Cap Shed 0.001% to Reverse Previous Day Gain
The local bourse today (Thursday) completely reversed yesterday’s marginal gain of 0.001% (i.e. N150 million), as the Market Capitalization value dropped by the same margin. Nevertheless, market breadth closed positively, recording 13 gainers as against 11 losers.
- NSE Trading Floor
In summary, the All-Share Index (ASI) fell by 0.29 absolute points, representing a decline of 0.001% to close at 28,344.04 points. Similarly, the Market Capitalization value lost N150 million, representing a decline of 0.01% to close at N14.814.97 trillion.
ETERNA, for the sixth consecutive sessions, topped the gainers’ chart, while AIICO emerged top of the losers’ chart.
The downtrend was impacted by loses recorded in large and medium capitalized stocks, amongst which are; AIICO (-3.57%), FIDSON (-3.00%), AFRIPRUD (-2.81%), GUARANTY (-1.67%), TRANSCORP (-1.59%), CUTIX (-1.10%), NAHCO (-0.95%), and ACCESS (-0.64%).
|CAP||N14,814,970,417,734.55||One Day (ASI CHG)||-0.001%|
|Index||28,344.04||One Week (ASI CHG)||-0.71%|
|Volume||342,193,352.00||One Month (ASI CHG)||+10.73%|
|Value||N5,039,651,504.77||Six Months (ASI CHG)||+32.55%|
|Deals||4,048.00||52 Weeks (ASI CHG)||+6.73%|
NASD OTC MARKET
The NASD OTC market performance indicators today (Thursday) closed negatively, as the Unlisted Securities Index (USI) shed 0.47% to close at 728.74 points compared to 729.94 points yesterday. Also, the Market Capitalization value lost N880 million to close at N535.31 billion.
However, the Volume and Value of trade today increased by 3,373.22% and 5,012.12% respectively, to settle at 156,295 points and N12.95 million compared to that of yesterday in 13 deals.