Files Investigators/ The Nigerian stock market began the second half of of the year on a negative trajectory, ensuing in a N150 billion loss for investors.
Namely, the Nigerian Trade Ltd. (NGX) market capitalisation fell by N150 billion or 0.20 per cent losing from N75.951 trillion on Monday to N75.801 trillion.
The All-Piece Index also declined by 0.20 per cent or 237.34 ingredients, closing at 119,741.23 in contrast to 119,978.57 posted on Monday.
This downward model is attributed to sustained earnings-taking in University Press, SCOA Nigeria, Thomas Wyatt Nigeria, and 20 numerous stocks.
Within the meantime, the market breadth closed obvious with 48 gainers and 23 losers.
Honeywell Flour Mill led the gainers chart by 10 per cent, closing at N23.65 while RT Briscoe also elevated by 10 per cent, ending the session at N2.75 per portion.
McNichols soared by 10 per cent, settling at N2.Fifty three and Mutual Benefits Assurance rose by 10 per cent, ending at N1.21 per portion.
Additionally, Lasaco Assurance gained by 9.96 per cent, closing at N2 98 per portion.
On the losing aspect, University Press dropped by 10 per cent, ending at N5.04 while SCOA Nigeria shed by 9.83 per cent, closing at N4.86 per portion.
Thomas Wyatt Nigeria fell by 9.57 per cent, ending the session at N1.70 and PZ Cussons Nigeria dipped by 7.89 per cent, settling at N35.00 per portion.
CHAMS declined by 6.38 per cent, closing at N2.20 per portion.
527.1 million shares worth N11.28 billion had been traded across 21,546 transactions, in contrast to 2.03 billion shares worth N44.34 billion that changed into as soon as exchanged across 25,172 transactions earlier on Monday.
Transactions within the shares of Ellah Lakes topped the activity chart with 46.1 million shares worth N385.1 million.
Right here is followed by UPDC with 38.5 million shares valued at N119.66 million while Universal Insurance coverage Firm sold 30.4 million shares worth N18.19 million.
Nigerian Breweries traded 28.9 million shares valued at N1.75 billion and Ja Paul Gold transacted 21.75 million shares worth N52.19 million.
NAN
