NSE: All the market indicators closed negative, as investors lost N15.18 billion naira on Wednesday..
It was a red day on the floor of the Nigerian Stock Exchange on Wednesday, as all the market indicators closed negative.
The equity capitalization, All Share Index, volume, value and the total number of deals closed in the negative
The equity capitalization fell to twenty-one point one-six trillion naira from twenty –one point two-two trillion, a fifteen point one eight-billion-naira loss.
The All Share Index consequently closed red, dropping at forty thousand four hundred and sixty-five point three- two points from forty thousand, five hundred and seventy-three point three-one points on Tuesday.
The number of traded stocks similarly, fell two hundred and forty-four point two million from three hundred fifty-six point four million traded on Tuesday, a thirty-one point four percent fall.
The value also plunged to two point six billion naira from five point seven billion traded on Tuesday. This was a fifty-three point nine percent reduction.
The bears dominated the floor, having twenty –two losers and eighteen gainers.
JULIUS BERGER was the highest gainer while BETA GLASS PLC led the losers chat.
On the activity chat, the financial sector traded the highest volume of shares.
The shares of ZENNITH BANK and GUARANTY TRUST BANK were the most traded. Trading over thirteen point nine million shares and sixteen point five million shares respectively.
Other finance companies that traded high volume of shares include, UBA, FIRST BANK HOLDINGS and ACCESS BANK.
