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By Chukwuma Umeorah
Trading on the floor of the Nigerian Exchange Group (NGX) records another down day to mark losses for four consecutive sessions as the All-Share Index closed (ASI) closed 0.07 per cent weaker to settle at 49,440.21 points, the lowest point since 24 August. SEPLAT lost 3.85 per cent causing the major drag on the broader index.
Consequently, the year-to-date (YTD) return fell to 15.74 per cent, while the market capitalisation recorded a decline of N18.99 billion placing the current Market Capitalisation at N26.67 trillion.
Analysis of today’s market activities showed an improvement in trade turnover when compared to previous trading session with the value of transactions increasing by 28.7 per cent. A total of 67.37 million shares with corresponding market value of N1.48 billion were exchanged in 3,386 deals. Leading by volume was FBN Holdings with 9.67m units traded while Seplat led the value chart in deals worth N615.12 million.
