After today’s trading session, Tier-1 banks, Zenith Bank Plc and GT Holding Co Plc lost a combined N6.18 billion.
According to Nairametrics, Zenith Bank share price declined by 0.62% taking the market cap from N764.50 billion to N759.80 billion, losing a total of N4.71 billion. While GT Holding Co lost N1.47 billion as its market cap declined by 0.20% from N735.78 billion to N734.31 billion.
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 9 basis point.
The NGX ASI closed at 43,270.94 points, to reflect a decline of 0.09% from the previous trading day and a Year-to-Date (YTD) return of 7.45%. Meanwhile, the market capitalization decreased by N19.49 billion.
At the close of market today, Monday 29th November 2021, the stock exchange market value currently stands at N22.58 trillion from N22.60 trillion in the previous trading day.
The market breadth closed negative as AIICO led 14 gainers, and 21 Losers topped by UPDC at the end of today’s session.
The stock market has advanced 3,000.22 base points since the start of the year.
NGX ASI Top gainers
AIICO up +8.57% to close at N0.76
LIVINGTRUST up +7.95% to close at N0.95
VERITASKAP up +4.76% to close at N0.22
ABCTRANS up +3.03% to close at N0.34
COURTVILLE up +2.56% to close at N0.40
NGX ASI Top losers
UPDC down –9.92%to close at N1.18
UPDCREIT down –9.90% to close at N4.55
CHIPLC down – 7.27% to close at N0.51
REGALINS down – 4.76% to close at N0.40
INTBREW down –4.00% to close at N4.80
NGX ASI Top Traded by Volume
FCMB – 58,454,159 units
AIICO – 13,506,766 units
ZENITH – 12,777,540 units
GTCO – 12,388,518 units
ACCESS – 10,902,798 units
NGX ASI Top Traded by Value
AIRTEL – N679,787,612.40
GTCO – N309,673,484.65
ZENITHBANK – N308,695,312.45
FCMB – N179,917,656.01
ACCESS – N98,519,241.15
Market sentiments trend towards the bears despite the market differential being in favour of the decliners as 14 gainers surpassed 21 losers.
Leave a Reply