Nigerian Equity Market depreciates by 22 percent

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization appreciated by 0.22%, at today's trading with the All Share Index closing at 30,231.16 points against the previous close of 30,165.22 points while Market Capitalization closed at ₦10,389.82 trillion against previous close of ₦10,367.16 trillion.

With this performance, the Year-to-Date return stood at -12.77%.

The NSE 30 Index rose by 0.24 per cent from 1,368.81 basis points to 1,372.13 basis points.

The NSE Banking Index also appreciates by 0.89 per cent from 313.21 points to 315.99 basis points. Volume traded decreased by 28.41% from 188,039,600.00 million to 134,616,607.00 million, while the total value of stock traded increased by 10.78% from ₦1,331 to ₦1,475 billion in 2,900.00 deals with 25 stocks rising, 66 stocks closed flat while 15 others are declining.

FCMB Plc. rose by 6.22 per cent or N0.13 to close at N2.22 per share.

FCMB, EVANSMED, NAHCO, TRANSEXPR and UNITYBNK emerged the highest price gainers on the chart, while CUTIX, HONYFLOUR, LEARNAFRCA, NEM, and FLOURMILL topped the losers chart.

Credit: AAML