.Nigerian Equities Market erased previous day gain to open the week negative amid intense sell pressure.
The NGX All-Share index dipped by -0.64% to close at 52,775.40 basis points as against -0.16% loss recorded at the end of the previous trading session. In Naira terms, the NGX Market CAP records N182.36bn loss
YTD, the NGXASI Stands at +23.55%
The total volume traded declined by -37.30% to close at 188.09m, valued at N2.36bn and traded in 4,890 deals. UBA was the most traded stock by volume with 36.42m units traded while GTCO was the most traded stock by value which is put at N531.29m.
Sectoral performance was broadly negative as three (3) NGX sector index closed northward, thirteen (13) closed southward while three (2) closed flat. The NGX Oil and Gas Index inched up by +0.07% while the NGX CG Index dipped by -1.05% to top all sector indices otherwise.
Gote index dipped by -0.01% to close at 144.30 basis points while Toni index also closed red with -0.87% loss recorded to close 114.68 basis points.
At the close of trading, market recorded 11 gainers to 24 losers and 66 unchanged. TRIPPLEG topped the list of gainers DNMEYER topped the list of losers. Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.20
Sectoral Indices
Gainers
Losers
Volume and Value Contribution
UBA led the volume chart with 19.36% contribution and closely followed by GTCO and FBNH
.
Source: NGX, Proshare Research
GTCO led the value chart with 22.48% contribution and closely followed by MTNN and ZENITHBANK
.
Source: NGX, Proshare Research
NGX Earnings Summary
No Financial statement was released on the NGX Exchange today
