NGX performance today showed that All-Share Index relapsed by 1.81% to settle at 37,847.07 points at the close of the market.
The lead indicator was dragged primarily by a loss printed by telecom giant AIRTELAFRI (-10.00%), while downticks in BUACEMENT (-2.71%) and PRESCO (-4.47%) extended the market’s losses.
On the banking counter, FBNH (-2.05%), STANBIC (-0.88%) and ZENITHBANK (-0.42%) edged lower, pinning the NGX-Banking Index (-0.07%) to the reds. Summarily, the year-to-date (YTD) return tapered to -6.02% while market capitalization contracted by ₦363 billion to close at ₦19.7 trillion.
Market activities settled higher, with the volume and value of trades advancing by 4.33% and 54.6%, respectively. A total of 218 million units of shares — valued at ₦2.72 billion were traded in 3,524 deals. TRANSCORP (-1.10%) led the volume chart with 42 million units while ZENITHBANK (+0.42%) led the value chart with deals worth over ₦384 million.
Market breadth closed negative at a 0.74-to-1 ratio, with declining issues outnumbering advancing ones. FIDSON (+10.00%) topped sixteen (16) others on the gainer’s log, while AIRTELAFRI (-10.00%) led twenty-two (22) others on the laggard’s table.
