The Nigerian Exchange NGX, capital market dipped by -0.10 percent at the close of trading on Thursday.
The development pushed down the equity capitalization by N25.2 billion from N24.11 trillion to N24.09 trillion at the end of the day’s business.
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Similarly, the All-Share Index dropped by 46.32 basis points to close at 44,236.7, down from 44,283.02 posted on Wednesday.
Investors traded 215.15 million shares valued at N1.90 billion in 3,389 deals on Thursday.
However, this surpassed the 155.40 million shares worth N1.52 billion traded by shareholders in 3,796 deals the previous day.
UACN Property Development Company (UPDC) recorded the highest price gain of 9.09 per cent to close at N12.45 per share. Trans-Nationwide Express followed with a gain 8.82 per cent to close at 74 kobo. Champion Breweries rose 7.81 per cent to close at N3.45 per share.
Japaul Gold & Ventures went up by 7.69 per cent to close at 28 kobo while Cutix appreciated by 4.88 per cent to close at N2.15, per share.
On the other hand, Prestige Assurance led the losers’ chart by 9.80 per cent to close at 46 kobo per share, per share. Caverton Offshore Support Group followed with a decline of 9.38 per cent each to close at 87 kobo.
SUNU Assurance lost 8.57 per cent to close at 32 kobo per share. Unilever Nigeria lost 8.29 per cent to close at N9.95 while Multiverse Mining and Exploration shed 8.23 per cent to close at N4.24, per share.
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The total volume traded increased by 38.5 per cent to 215.154 million units, valued at N1.906 billion, and exchanged in 3,389 deals. Access Holdings topped the activity chart with 112.334 million shares valued at N892.561 million. Transnational Corporation of Nigeria (Transcorp) followed with 16.068 million shares worth N16.713 million. Sterling Bank traded 12.257 million shares valued at N16.641 million.
Fidelity Bank traded 9.291 million shares valued at N38.190 million while Zenith Bank transacted 7.191 million shares worth N142.829 million.
