Losses recorded by many blue-chip stocks on the equities sector of the Nigerian Exchange Limited (NGX) dragged market capitalisation
Specifically, at the close of transactions yesterday, market capitalisation of listed equities depreciated by 0.10 per cent to N24.094 trillion from N24.119 trillion reported the previous day.
Investors traded 215.154 million shares valued at N1.905 billion in 3389 deals against 155.406 million shares valued at N1.526 billion in 3796 deals. Ikeja Hotel shed 6.93 per cent to close at 94 kobo while Oando depreciated by 5.92 per cent to close at N4.13 kobo. Fidson lost 3.98 per cent to close at N8.69 kobo. GEREGU shed 3.57 per cent to close at N110.90 kobo. Wapic Insurance also lost 2.78 per cent to close at 35 kobo.
Cutix Plc gained 4.88 per cent to close at N2.15 kobo. Chams appreciated by 4.17 per cent to close at 25 kobo. Jaiz Bank gained 3.13 per cent to close at 99 kobo. Livestock increased by 3.00 to close at N1.03 per share. Mansard appreciated by 1.24 per cent to close at N1.63 per share. United Bank for Africa garnered 74 per cent to close at N6.80 kobo.
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