NGX-ASI declines again by 1.90%

The Nigerian Exchange (NGX) All-Share Index (ASI) declined further by 1.90 percent on Wednesday.

The NGX-ASI had suffered a 1.49 percent loss closing at 103,110.15 basis points the previous trading day.

On Wednesday, the NGX-ASI slipped even further closing at 101,154.13 basis points, compared to the previous day’s loss.

The NGX Market CAP also recorded a loss of N1.07trn in Naira terms.

The total volume traded advanced by 15.44 percent to close at N749.13 million, valued at N22.49 billion and traded in 14,288 deals. TRANSCORP was the most traded stock by volume with N79.68 million units traded, while GEREGU was the most traded stock by value with N6.98 billion units traded.

According to the value chart, GEREGU is at the top with a 31.01 percent contribution. MTNN and ZENITHBANK followed closely behind.

The Gote Index declined by 0.70 percent to close at 407.84, while the Toni index declined by 6.42 percent to close at 575.09 basis points.

At the close of trading, the market recorded 10 gainers, 56 losers, and 50 unchanged. PZ topped the gainer’s list, while MAYBAKER topped the list of losers.

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