Nigeria’s stock market ended its bullish run, with the All-Share Index declining by 1.27% to 24,045.40. However, the market gained 4.45% for the week.
Market activity was low, as volume and value traded dropped by 52% and 58% respectively, compared to yesterday’s numbers. Investors exchanged over 209 million units of shares worth over N2.19 billion in 4,320 deals.
FBNH was the most active in today’s trading; it boosted market turnover by 63.05 million, while GUARANTY was the most traded stock by value at N608.77 million, thereby topping the value list.
Market sentiment, as measured by market breadth, was negative with 17 losers led by UACN PROP (-8.00%), as against 15 gainers topped by FIDSON (+783%).
Sector performances were negative today. The Industrial (-0.63%), Banking (-0.45%) and Oil & Gas (-0.41%) indices all closed in the red, while Consumer Goods (+1.28%) and Insurance (+0.49%) indices closed positively.
Market activity was low, as volume and value traded dropped by 52% and 58% respectively, compared to yesterday’s numbers. Investors exchanged over 209 million units of shares worth over N2.19 billion in 4,320 deals.
FBNH was the most active in today’s trading; it boosted market turnover by 63.05 million, while GUARANTY was the most traded stock by value at N608.77 million, thereby topping the value list.
Market sentiment, as measured by market breadth, was negative with 17 losers led by UACN PROP (-8.00%), as against 15 gainers topped by FIDSON (+783%).
Sector performances were negative today. The Industrial (-0.63%), Banking (-0.45%) and Oil & Gas (-0.41%) indices all closed in the red, while Consumer Goods (+1.28%) and Insurance (+0.49%) indices closed positively.