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

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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

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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.

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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.

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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

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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

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- 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