Business and Economy

Stock market investors loss N3.34 billion as NGX All Share Index sheds 0.01% on Monday

The All-Share Index of the Nigerian stock market lost 0.01% on Monday to close at 55,788.37 points. The ASI’s year-to-date (YTD) return also dropped to 8.85% while market capitalization shed N3.34 billion to close at N30.39 trillion.

Trade turnover saw a decline in transaction value of 70.36% with 4,296 transactions involving 179.03 million shares worth N2.55 billion completed. Losses at ZENITHBANK (-3.10%), GTCO (-1.89%), and WAPCO (-1.52%) more than offset gains at BUAFOODS (+4.21%).

With 38.15 million units traded in transactions worth 994.55 million, NGXGROUP (-9.72%) topped the volume and value charts. On the laggard’s log, NGXGROUP (-9.72%) outperformed sixteen (16) rivals, while MULTIVERSE (+5.04%) outperformed eight (8) rivals.

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