- Both the market capitalization and the NGX All-Share Index (ASI) dropped by 0.10 per cent, closing at N67.345 trillion and 107,937.74 points, respectively
- Overall, the day’s trading session reflected a mixed performance across the exchange, with investors now awaiting further developments in the market to gauge its future trajectory.
- Ikeja Hotel topped the losers, shedding 10 per cent, dropping N1.40 to close at N12.60.
- Learn Africa also fell by 10 per cent, losing 43k to settle at N3.87.
The Nigerian Exchange Ltd. (NGX) experienced a negative trading day on Monday, resulting in a loss of N72.51 billion for investors.
Eko Hot Blog reports that both the market capitalization and the NGX All-Share Index (ASI) dropped by 0.10 per cent, closing at N67.345 trillion and 107,937.74 points, respectively.
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The day’s trading activities saw a total of N12.806 billion worth of shares exchanged across 17,095 deals. While 20 companies managed to post gains, 42 equities suffered declines in value.
On the gainers’ list, Nigerian Breweries and Cadbury took the lead with respective increases of 10 per cent and 9.97 per cent.
However, Ikeja Hotel and Learn Africa were among the top losers, each recording a 10 per cent decline in value.
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Overall, the day’s trading session reflected a mixed performance across the exchange, with investors now awaiting further developments in the market to gauge its future trajectory.
