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: NSE, GTI Research
NASD OTC MARKET
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.
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.