The Nigerian Exchange Limited has continued its bearish run during Thursday’s trading session as the All-Share Index fell by 0.18% to close at 67,084.95 points.
Equities also lost N66 billion as the market capitalization declined to N36.857 trillion from N36.923 trillion yesterday.
The market witnessed 5,205 deals, a decline from the 5,998 deals actualized on Wednesday.
There was also a significant decline in trading volume as 267.65 million shares were traded today, an 18.8% decline from the 329.66 million shares that were traded yesterday.
Regarding trading value, there was an appreciation as the market recorded N5.11 billion as against yesterday’s N4.41 billion.
Fidelity Bank (-1.82%) led the chart of the most traded stocks in volume, with 39.83 million units traded. It was followed by CHAMS (+3.65%) with 23.50 million units, ACCESSCORP (+0.30%) with 20.56 million units, UBA (+0.27%) with 19.01 million units, and JAPAULGOLD (0.00%) with 18.25 million units.
Concerning value traded, NESTLE (+2.94 per cent) led with N1.748 billion, followed by STANBIC (-3.21 per cent) with N495.12 million, GTCO (-1.55 per cent) with N482.13 million, UBA (+0.27 per cent) with N357.27 million, and ACCESSCORP (+0.30 per cent) with N347.75 million.
