Market Value Decreases by N89.14 billion.

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The market capitalization of the Nigerian Exchange Limited’s stock market decreased by N89.14 billion, signalling the start of a down week. The NGX All-Share Index dropped from 52,512.48 basis points to 52,348.82 basis points, a loss of 163.66 basis points, or 0.32 percent.

Similar to this, the total market capitalization size decreased by N89.14 billion to close at N28.513 trillion from N28.602 trillion when trading began. However, with 20 gainers and 23 losers, the market breadth ended up being positive.

Wapic Insurance came in second with a gain of 9.52 percent to close at 46 kobo per share, while Presco recorded the highest price gain of 9.67 percent to close at N150.80. The total volume traded, which totaled 221.854 million shares worth N3.25 billion, increased by 2.16 percent. and  traded in 5,219 deals.

Punch.

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