×
  • Business - Market Data
  • Updated: February 20, 2024

Bearish trend continues as All-Share Index drops by 1.30 per cent

Bearish trend continues as All-Share Index drops by 1.30 per

The Nigerian Stock Exchange witnessed another day of decline as the All-Share Index closed at 101,060.67 points, down by 1.30%.

Bearish sentiment in BUACEMENT, ZENITHBANK, and GTCO overshadowed gains in GEREGU, WAPCO, and ETERNA, leading to a drag in the market.

Key Metrics:

Consequently, the year-to-date return fell to 35.16%, while market capitalization shed ₦729.16bn to close at ₦55.30trn.

Trade Turnover:

Trade turnover settled lower compared to the previous session, with the value of transactions down by 10.90%. A total of 256.16m shares valued at ₦6.63bn were exchanged in 8,783 deals.

Volume and Value Leaders:

TRANSCORP led the volume chart with 39.75m units traded, while GEREGU led the value chart with deals worth ₦1.11trn.

Market Breadth:

Market breadth closed negative at a 6.00-to-1 ratio, with declining issues outnumbering the advancing ones.

Top Performers and Laggards:

HONYFLOUR topped forty-one others on the laggards' table, while ETERNA led six others on the leaders' log.

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...

Notice

We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings