NGX witnesses bearish trend as LASACO Plc emerges as the biggest loser

• The Nigerian Exchange ended the trading session with a negative close as the All-Share Index depreciated by -0.19%.
• The market capitalization of equities lost N61 billion, resulting in a -0.19% loss from the previous trading session.
• LASACO Plc (-10.00%) led the losers while WAPIC Plc was the most traded equity in terms of volume.

The Nigerian Exchange (NGX) closed negative at the end of today’s trading session to halt the 3-day bullish streak.

The All-Share Index (ASI) traded -0.19% lower to close at 59,211.26 index points as against 59,323.95 index points recorded in the previous day’s trading session.

The market capitalization of equities saw a loss of N61 billion to close at N32.241 trillion, -0.19% lower than the N32.302 trillion recorded in the previous trading session.

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Market breadth closed negative as NEM Plc (10.00%) led the gainers, LASACO (-10.00%) led the losers while WAPIC Plc was the most traded equity – by volume – at the end of today’s session.

Trading volume also reduced by -4.22% from the previous day’s session as 615.91 million units of shares were traded today.

Market Indices

Below are the market indices for today’s trading session:

• NGX ASI: 59,211.26 points
• Previous ASI: 59,323.95 points
• % Day Change: -0.19%
• % YTD: +15.53%
• Market Cap: N32.241 trillion
• Volume Traded: 615.91 million
• Value: N6.62 billion
• Deals: 7,459

NGX TOP GAINERS

• NEM gained 10.00% to close at N6.93 per share
• CORNERST gained 9.90% to close at N1.11 per share
• SKYAVN gained 9.74% to close at N8.45 per share
• WAPIC gained 9.30% to close at N0.94 per share
• AFRIPRUD gained 9.09% to close at N6.60 per share

NGX TOP LOSERS

• LASACO was down by -10.00% to close at N2.34 per share
• SOVRENINS was down by -9.84% to close at N0.55 per share
• UNITYBNK was down by -9.63% to close at N1.22 per share
• NSLTECH was down by -9.52% to close at N0.38 per share
• IKEJAHOTEL was down by -9.06% to close at N2.91 per share

TOP 3 BY VOLUME

• WAPIC                  97,145,059
• UBA                      48,106,393
• UNIVINSURE       43,410,198

TOP 3 BY VALUE

• GTCO                    N1,098,040,492
• UBA                      N546,632,345
• ACCESSCORP      N487,211,812

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