Business and Economy

Nigerian stock market NGX All-Share Index losses 0.09% on Thursday

The Nigerian stock market NGX All-Share Index lost 0.09% today Thursday to close at 68,271.14 points. As a result, the ASI’s YTD return decreased to 33.21%, while the market capitalization fell N35.34 billion to settle at N37.37 trillion.

The market was dragged down by bearish sentiment in MTNN (-0.41%), ACCESSCORP (-1.74%), and FBNH (-0.88%), which outweighed advances in GTCO (+1.12%), WAPCO (+0.17%), and DANGSUGAR (+3.61%).

Trade turnover settled higher than it was on Wednesday with the value of transactions increasing by 8.03%. In 7,949 transactions, 1.12 billion shares worth N5.82 billion were exchanged. OANDO (-9.93%) lead the volume and value charts, with 100.69 million units traded in transactions worth N1.46 billion. On the laggard’s table, OANDO (-9.93%) led twenty-four (24) others, while MBENEFIT (+9.30%) led ten (10) others.

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