The equities market continued its bearish sentiment on Thursday as investors lost N64 billion at the close of the day’s trading.
This followed the dip in the share prices of stocks like TRANSCOHOT, CHAMS and ETERNA amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization crashed to N54.9 trillion from N55.04 trillion recorded by the bourse on Wednesday.
The All-Share Index (ASI) also decreased to 95,718.05 from 95,831.51 recorded the previous day.
The market breadth was positive as 22 stocks advanced and 17 declined, while 77 others remained unchanged in 8,813.
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SFSREIT, ACADEMY, and OANDO led other gainers with 10%, 10%, and 9.99% growth each in share prices to close at N122.65, N2.75, and N43.50 from the previous N111.50, N2.50, and N39.55 per share.
On the flip side, TRANSCOHOT, CHAMS, and ETERNA led other price decliners as they shed 10%, 9.72%, and 9.55% each to close at N90.00, N1.95, and N19.90 from the initial N100.00, N2.16, and N22.00 per share.
On the volume index, UNIVINSURE led trading with 68 million shares valued at N211 million in 95 deals followed by CHAMS which traded 33 million shares valued at N67 million in 155 deals.
OANDO traded 29 million shares valued at N129 million in 1,019 deals.
On the value index, OANDO recorded the highest value for the day trading stocks worth N1.29 billion in 1,019 deals followed by SEPLAT which traded equities worth N974 million in 100 deals.
Stanbic traded shares valued at N468 million in 51 deals.
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