The Nigerian Exchange Limited once again closed on a negative note with a loss of N5 billion due to sustained sell pressure.
The market performance indices, NGX All Share Index, depreciated by 0.02%. In the same vein, Market Capitalization declined by N5 billion to close at N23.8 trillion.
Meanwhile, market breadth closed positive with 15 gainers against 13 losers.
Year-to-date, the stock market has advanced by 1,091.81 basis points. The Year-to-Date returns settled at 2.55% at the end of today’s trading session.
On a sectoral level, 1 of the 5 major indices of the Nigerian Exchange closed negative with NGX Oil and Gas index down by 0.88% respectively while the NGX banking and Insurance indices grew by 0.26% and 0.91% respectively. Similarly, NGX Consumer goods and Industrial remained unchanged.