Market capitalisation closed at 34.9 trillion on the trading floor of the Nigerian Stock Exchange on Wednesday, where over 238 million shares were traded.
At the end of today’s trading session on the Nigerian Stock Exchange (NGX), investors traded a total of 238,039,943 shares in 6,001 deals, corresponding to a market value of ₦2,6 billion.
Compared with the previous trading day (Tuesday, August 8), today’s data show a 25% decline in volume, 41% decline in turnover, and 6% decline in deals.
The current market capitalisation of the Nigerian Stock Exchange is ₦34.9 trillion.
In the aggregate, 118 Exchange listed equities participated in trading, ending with 24 gainers and 27 losers.
Gainers Log
Omatek Ventures led the gainers with 10% share price appreciation closing at ₦0.33 per share.
Guinea Insurance, Tantalizers and Abbey Mortgage Bank joins Omatek Ventures on the gainers Log.
Losers Log
On the losing side, National Salt Company came out last with an end-of-day price depreciation of 10% at ₦36.90 per share.
Multiverse Mining & Exploration (-10%), John Holt (-9.77%) and Dangote Cement (-9.09%) also surfaced on the losers’ log.
Traded Shares
Sterling Bank recorded the highest volume of ₦32.7 million traded shares, followed by Fidelity Bank ₦21.1m.
Have You Read: Tips On How To Make Money Online In Nigeria
Universal Insurance Company traded ₦15.9m and United Bank for Africa ₦12.3m.
Regarding the performance of NGX market indices, the benchmark Exchange All-Share Index (ASI) declined 1,142.26 basis point (-1.75%) to close at 64,167.39.
This represents a 1-week loss of 0.16%, a 4-week gain of 0.19%, and an overall year-to-date gain of 25.2%.
Other remarkable indices that performed were the Exchange consumer good index, NGX Oil and Gas index.
NGX Top 30 Index, NGX Top 50 Index, NGX Insurance Index, and the NGX Main Board Index.
