The nation’s domestic equity on Thursday closed negative, shedding N50 billion as the bears dominated in the market activities.
Market capitalisation of listed equities decrease by 0.14 per cent to N35.794 trillion from N35.844 trillion reported on Wednesday.
The NGX All Share Index also depreciated by 91.10 basis points to 65401.82 points from 65492.92 points reported the previous day.
Five listed companies recorded 10 per cent growth at the end of trading on Thursday. Dangote Sugar Refinery, Nascon and Omatek gained 10 per cent to close at N44.00 per share, N40.70 and N0.33 per unit respectively. Transnational Corporation of Nigeria and CWG also added 10 per cent to close respectively at N5.28 per unit and N4.95 per share.
Conversely, FTNCocoa topped losers chart during the day, declining by 9.95 per cent to close at N1.81 per unit, Redstarex trailed with a loss of 9.93 per cent to close at N2.63 per share, Learn Africa fell by 9.88 per cent to close at N3.65 per share, Veritas Kapital dipped by 7.69 per cent to close at N0.24 per unit
Volume of trades increased by 234.764 million, representing 67.39 per cent as investors traded 583.09 million shares valued at N12.902 billion in 6968 deals against 348.323 million worth N4.047 billion exchanged hands the previous day in 6237 deals.
Transnational Corporation of Nigeria led market activities with 144.489 million shares valued at N724.316 million in 736 deals, Sterling Bank followed with account of 63.333 million shares worth N213.601 million in 88 deals, AccessCorp traded 54.725 million shares valued at N880.101 million in 592 deals, GTCO exchanged 42.824 million shares cost N1.541 billion in 294 deals while Fidelity Bank exchanged 32.145 million shares cost N225.221 million in 183 deals.
