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Friday, December 2, 2022
Nigeria Change (NGX)
Key efficiency indicators of the Nigerian Change Ltd. (NGX) declined marginally on Thursday as market capitalisation, which opened with N25.959 trillion, misplaced N2 billion or 0.01 per cent to shut at N25.957 trillion.
Additionally, the All-Share Index (ASI) closed decrease by 3.4 factors or 0.01 per cent to settle at 47,656.64 factors in contrast with 47,660.04 recorded on Wednesday.
Consequently, the year-to-date (YTD) return stood at 11.57 per cent.
Selloffs in MTN Nigeria Inventory led to the downturn within the efficiency of the market.
Nonetheless, market sentiment, as measured by market breadth, was optimistic, as 11 shares gained relative to 9 losers.
UPDC Actual Property Funding Belief recorded the best value acquire of 9.09 per cent to shut at N3 per share.
McNichols adopted with a acquire of 8.93 per cent to shut at 61k, whereas Japaul Gold and Ventures appreciated by 7.41 per cent to shut at 29k per share.
Nigerian Breweries went up by 7.14 per cent to shut at 45k per share.
Additionally, Royal Change Assurance rose by 4.76 per cent to shut at 66k per share.
However, Honeywell Flour Mill led the losers’ chart by 7.89 per cent to shut at N2.10, RT Briscoe adopted with a decline of seven.41 per cent to shut at 25k and Wema Financial institution shed 5.45 per cent to shut at N3.12 per share.
FCMB Group misplaced 4.18 per cent to shut at N3.21, whereas Cutix Plc shed 3.46 per cent to shut at N2.5 per share.
Evaluation of the market actions confirmed commerce turnover settled greater relative to the earlier session, with the worth of transactions up by 115.63 per cent.
A complete of 172.90 million shares valued at N2.84 billion had been exchanged in 3,073 offers.
(NAN)
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