capital market

NGX: Trading ends negatively, as ASI declines by 3.15%



Trading on the Nigerian stock market ended negatively on Monday as Investors recorded a loss of N1.82 trillion.

The market witnessed a decrease of 3,329.55 points.

Similarly, the NGX All-Share Index declined by 3.15 percent to close at 102,393.23 basis points, compared to the previous day’s gain of 1.56 percent to close at 105,722.78 basis points.

The NGX Market CAP also recorded a loss of N1.82 trillion in Naira terms.

The total volume traded declined by 20.05 percent to close at N273.85 million, valued at N7.44 billion and traded in 9,688 deals. GTCO was the most traded stock by volume with N28.85 million units traded, while GEREGU was the most traded stock by value with N1.74 billion units traded.

The Gote Index declined by 9.46 percent to close at 369.68, while the Toni index advanced by 0.42 percent to close at 586.34 basis points. At the close of trading, the market recorded 18 gainers, 37 losers, and 99 unchanged. JULI topped the gainer’s list, while DANGCEM topped the list of losers.

According to the value chart, GEREGU is at the top with a 23.40 percent contribution. GTCO and AIRTELAFRI followed closely behind.

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