Trading activities at the Nigerian Stock Exchange on Wednesday, recorded low performance, as investors’ wealth dipped by 0.09 per cent.
The bearish sentiment was experienced in all five major market indices, save for the Industrial Goods that remain unchanged.
Accordingly, the All-Share Index shed 35.43 basis points, representing a 0.09 per cent dip to close at 39,184.18. While the Market Capitalization lost ₦18.46 billion, representing a decline of 0.09 per cent to close at ₦20.42 trillion.
Similarly, market activities were bearish, as the total volume and value traded depreciated by 60.23 per cent and 27.60 per cent, respectively.
However, a total of 169.30 million units of shares valued at N1.42 billion were traded in 3.449 deals.
Transcorp sustained its led on the volume chart, accounting for 16.86 per cent of the total volume of trades, followed by Zenith Bank (9.80 per cent), Honeywell flour (7.82 per cent), UCAP (7.56 per cent), and MBENEFIT (4.92 per cent) to complete the top five on the volume chart.
Zenith Bank also remains the most traded stock in terms of value, with 27.96 per cent of the total value of trade on the exchange.
AIICO topped the gainers’ table with price appreciation of 4.04 per cent, followed closely by Custodian (3.15 per cent), Fidson Health Care (2.80 per cent), Live Stocks (0.95 per cent), Sterling Bank (0.66 per cent), GTCO (0.37 per cent) and four others.
On the other hand, FTNCOCOA topped the losers’ table as its share price declined by 9.77 per cent to close at N0.52.