Nigerian stock exchange lost 0.14% at today’s trading session

The Nigerian stock exchange lost 0.14% today as the All Share Index succumbed to market forces to settle at 65,401.82 points. As a result, the market is poised for a week of gains. As a result, the YTD return fell to 27.61%, while market capitalization fell N49.80 billion to settle at N35.79 trillion.

Despite increases in GTCO (+0.56%), NB (+1.88%), and DANGSUGAR (+10.00%), the market’s performance was hampered by selloffs in telco heavyweight MTNN (-0.18%), ZENITHBANK (-1.20%), and ACCESSCORP (-3.27%). Trade turnover however settled higher than it was on Wednesday with the value of transactions increasing by 218.74%. In 6,968 transactions, 583.09 million shares worth $12.90 billion were swapped.

TRANSCORP (+10.00%) dominated the volume chart with 144.49m units exchanged, while MTNN (-0.18%) led the value chart with $6.16 billion in transactions. On the laggard’s table, FTNCOCOA (-9.95%) led twenty-eight (28) others, while DANGSUGAR (+10.00%) led eleven (11) others.