NGX ends week’s trading on bearish note
NGX ends week’s trading on bearish note
The Nigerian Exchange (NGX) ended equities trading on a negative note on Friday, as the All-Share Index declined further by 0.68 percent for the third consecutive day.
The market capitalization of listed equities dropped further by N154 billion to close at N22. 572 trillion, showing a 0.68 percent decrease compared to the N22, 726 trillion of the previous day.
Also the key market component, the All-Share Index depreciated by 296.27 basis points, representing a 0.68 percent decrease to close at 43,253.01 points lower than the 43,549.28 points recorded on Thursday.
A total volume of 314.85 million units of shares valued at N4.65 exchanged hands in 3,400 deals.
The transactions ended with 16 gainers and 15 losers.
Top on the gainers’ list was Veritas Kap with a closing price of N0.23k after gaining N0.02k. Red Star Express Plc followed with a price gain of N0.21k to close at N3.50k, while CHIPLC gained N0.03k to close at N0.58k.
On the other hand, UPDC led the losers’ table with a loss of N0.16k to close at N1.53k. Livestock followed with all closing price of N2.00 after losing N0.19k, while Prestige lost N0.04k to close at N0.43k.
VON
