Fairness Market Begins Buying and selling with 0.15% Loss on First Day

After closing on a constructive be aware final Friday, the Nigeria Change (NGX) began the week on a bearish be aware because the All-Share Index declined by 0.15% to shut at 71,008.7 factors after closing at 71,112.99 factors throughout final week’s buying and selling day.

Equities misplaced N57 billion because the market capitalisation declined to N39.051 trillion.

Whereas the market closed within the adverse, the market breadth was adverse as 33 shares closed within the constructive, whereas 15 shares closed within the adverse.

There was a rise within the variety of offers to six,551 from final Friday’s 5,883. There was a decline within the quantity of buying and selling to 358.446 million models, an 18.8% decline from final Friday’s 441.579 million models.

The buying and selling worth additionally recorded a decline to N4.36 billion, down from final Friday’s N6.03 billion.

High gainers yesterday in response to market actions have been Mercure, Multiverse, ABC Transport, C&I Leasing and NNFM.

On the losers’ chart, there have been RT Briscoe, Status, Stanbic, CWG and Calverton.

When it comes to buying and selling quantity, ACCESSCORP (-0.58%) led with 27.83 million models, adopted by AIICO (+2.70%) with 21.93 million models, UNIVINSURE (+4.17%) with 21.73 million models, JAPAULGOLD (+0.59%) with 21.24 million models, and VERITASKAP (+6.90%) with 19.00 million models.

When it comes to worth, ZENITH BANK (-0.75%) led the chart with N502.95 million, adopted by ACCESSCORP (-0.58%) with N474.63 million, GEREGU (+0.88%) with N424.08 million, VFDGROUP (0.00) with N385.79 million, and AIRTELAFRI (0.00) with N276.60 million.