By Chiamaka Okechukwu
Published on October 11, 2023
Tuesday saw a decline of 0.17 percent in transactions on the Nigerian Exchange Group Limited (NGX), with losses on 29 stocks. The Exchange All-Share Index dropped by 116.46 basis points, representing a 0.17 percent decline and closing at 66,984.87 points. This is lower than the 67,101.33 points recorded on Monday. The market capitalisation also depreciated by N64 billion, closing at N36.801 compared to the previous day’s N36.865 trillion.
The day’s trading session saw a total of 257.42 million shares, valued at N7.8 billion, exchanged hands in 6,498 deals. The market closed with 13 gainers relative to 29 decliners.
The top gainer on the chart was MCNICHOLS, with a 10 percent profit on its share price closing at N0.66k. It was followed by CAPHOTEL, which gained 9.82 percent, closing at N3.02k per share. CHAMS made a 9.38 percent profit on its share price, closing at N1.40k.
On the other hand, JOHN HOLT led the losers table with a 10 percent loss on its share price, closing at N1.44k. It was followed by PRESCO, which recorded a 9.54 percent drop and closed at N182.00. DAARCOMM recorded an 8.70 percent loss on its share price, closing at N0.21k.
Fidelity Bank recorded the highest volume of traded shares, with 53.396 million shares, followed by ACCESSCROP with 31.088 million shares during the second trading session of the week.
