All Share Index slips 0.03% on Wednesday

The Nigerian stock market All Share Index lost 0.03% on Wednesday to close at 68,335.72 points. As a result, the year-to-date (YTD) return dropped to +33.34%, and the market capitalization dropped by N12.87 billion to close at N77.30 trillion.

Gains from AIRTELAFRI (+1.57%), GTCO (+0.56%), and WAPCO (+0.17%) were overshadowed by profit taking by ACCESSCORP (-1.15%), FBNH (-2.01%), and UBA (-2.29%), bringing the market down.

Trade turnover was lower than it was 9n Tuesday’s trading session as 8,201 transactions, 566.63 million shares worth N5.39 billion were exchanged. OANDO (+9.77%) took the top spot on both the volume and value charts, trading 110.00m units for deals totaling 1.60bn. On the laggard’s log, TRANCOHOT (-10.00%) was in front of 19 other competitors, while BERGER (+9.91%) was in front of 17 other competitors.