Equities market decline by 0.08% on Wednesday

By Philemon Adedeji

The Nigerian exchange limited ( NGX), reported yesterday 23rd of February 2022, the equities market closed on a negative note amidst sell-offs and buy-interests as the benchmark All Share Index (ASI) depreciated by 38.73 basis points.

The NGX ASI closed the trading activities yesterday at 47,207.27 points to 47,246.9 points closed on the previous trading day reflect declination of of 0.08 per cent at the close of market.

From the data released by NGX, the market capitalisation depreciated by N21billion.

At the closed of trading yesterday 23rd of February 2022, the stock exchange market currently stands N25,442,149,150,753.34 trillion from  N25,463,504,619,297.96 trillion in the previous trading day.

The stock market has advanced 4389.33 base from the beginning of this year.

In 4,377 deals, investors exchanged 230,645,883 shares valued at N3.493 billion.

 NGX ASI top gainers

On the gainers’ chart yesterday ETRANSACT emerged as the best gainer with 10.00% or N0.20 increase to close at N2.20 per share, RTBRISCOE PLC added yesterday with 9.72% or N0.07 increase to close at N0.79 per share, NIGERINS follows with gain of 9.09% or N0.02 increase to close at N0.24 per share, while MAYBAKER gained 9.00% or N0.45 increase to close at N5.545 per share and lastly WEMABANK gained 8.99% or N0.08 increase to close at 0.97 per share.

NGX top losers

On the losers chart yesterday, AFRIPRUD depreciated by 5.77 per cent or N0.45 to close at N7.35 per share, DANGOTESUGAR decline by 5.28% or N0.95 to close at N17.05 per share, CHAMS dropped by 4.17 per cent or No.o1 to close at 0.23 per share, MBENEFIT dropped by 3.70% or N0.01 to close at 0.26 per share and ETI dropped by 2.98% or N0.35 to close at 11.40 per share.