NGX: Equities Market Closes Bearish

Nigeria’s equities market closed on a bearish be aware on Wednesday, its first decline this week as buyers took revenue from latest rally which had pushed the market to 15-year excessive.

The market decreased by 0.08 % or N28billion, pushing the year-to-date (YtD) postive return decrease to 29.64 %.

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation decreased from previous buying and selling day’s highs of 66,490.34 factors and N36.390trillion respectively to 66,439.56 factors and N36.362trillion.

Transcorp, Access Corporation, Dangote Sugar, Jaiz Bank and Fidelity Bank have been actively traded shares as buyers in 10,033 offers exchanged 637,193,765 shares price N7.790billion.

Transcorp decreased most, from N7.01 to N6.31, shedding 70kobo or 9.99 %. It was adopted by CWG which was down from N4.05 to N3.65, after shedding 40kobo or 9.88 %.

Business Day/Hauwa Abu

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