The All-Share Index of the Nigerian Exchange Limited fell by 0.02 per cent on Thursday to 37,898.56 basis points at the end of trading as 14 companies recorded losses.
The market capitalisation of equities dropped by N4.55bn to close the day at N19.76tn as 205.45 million shares were traded in 3,563 deals, a 3.9 per cent decline compared to the previous day’s 213.70 million shares in 3,522 deals. Twenty companies recorded gains, led by Tripple Gee and Company Plc, which saw a 10 per cent increase in its share price to close at N0.77.Fourteen companies saw declines in their share prices at the end of trading of the floor of the NGX, led by Royal Exchange Plc with a 9.84 per cent loss. It was followed by Oando Plc, Mutual Benefits Assurance Plc and Regency Alliance Insurance Company Plc.
Guaranty Trust Holding Company was the most traded stock by volume and value at 41.84 million shares and N1.25bn respectively.