Market Cap claw-back by 0.31% as Bear reign on custom street for the second successive session

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

List of First Bank of Nigeria Sort Codes in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...
- Advertisement -

Investors on the Nigerian custom street today (Thursday) extends profit-taking momentum to two consecutive days, as market capitalization value dropped further by 0.31% to N14.92 trillion. Nevertheless, market breadth closed positively, recording 26 gainers as against 17 losers.

In summary, the All-Share Index (ASI) decreased by 88.13 absolute points, representing a decline of 0.31% to close at 28,546.22 points. Similarly, the overall Market Capitalization size lost N46.06 billion, representing a decline of 0.31% to close at N14.92 trillion.

ETERNA emerged as the top gainer (by percentage points) today, while DEAPCAP tops the losers’ chart.

The downtrend was impacted by losses recorded in large and medium capitalized stocks, amongst which are; DEAPCAP (-10.00%), NB (-7.07%), CONOIL (-5.57%), DANGCEM (-4.75%), ARDOVA (-2.73%), OANDO (-2.55%), INTERBREW (-1.55%), BUACEMENT (-0.84%), and UCAP (-0.80%).

MARKET STATISTICS

CAP N14,920,645,794,326.50 One Day (ASI CHG) -0.31%
Index 28,546.22 One Week (ASI CHG) +6.39%
Volume 569,376,786.00 One Month (ASI CHG) +11.96%
Value N4,913,512,627.93 Six Months (ASI CHG) +38.11%
Deals 6,101.00 52 Weeks (ASI CHG) +6.25%
Gainers 26 Losers 17
Unchanged 57 Total 100
YTD +6..35%

Source: NSEGTI Research

NASD OTC MARKET

- Advertisement -

The NASD OTC market performance indicators today (Thursday) extend losing streak to third successive sessions, as the Unlisted Securities Index (USI) shed 0.33% to close at 724.53 points as against 726.93 points in the prior section. The Market Capitalization value also lost N1.7 billion to close at N533.98 billion compared to the previous closing value of N539.46 billion.

Read Also:  Will the resumption of Int’l travels trigger convergence in the FX market?
Read Also:  Will the resumption of Int’l travels trigger convergence in the FX market?

Similarly, the Volume and Value of total trades today fell by 94.37% and 95.82% respectively to settle at  41,240 and N3.22 million, in 11 deals.

- Advertisement -
Market Cap claw-back by 0.31% as Bear reign on custom street for the second successive session - Brand SpurMarket Cap claw-back by 0.31% as Bear reign on custom street for the second successive session - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Market Cap claw-back by 0.31% as Bear reign on custom street for the second successive session - Brand SpurMarket Cap claw-back by 0.31% as Bear reign on custom street for the second successive session - Brand Spur

Latest News

Who should measure Public Relations?

In public relations, just as you and I can’t deny that PR starts and ends with research, we have...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Market Cap claw-back by 0.31% as Bear reign on custom street for the second successive session - Brand SpurMarket Cap claw-back by 0.31% as Bear reign on custom street for the second successive session - Brand Spur