The share market decreases by 0.11%, investors suffer a loss of N77 billion

Thursday the stock market recorded a slight recession, with the overall performance of the market down 0.11 percent.

This marginal decline led investors to lose a significant billion in N77.

In particular, the capitalization of the Nigerian Exchange Ltd. (NGX) has decreased by N77 billion, equal to 0.11 percent, to N67,102 trillion from an opening of N67.179 trilioni.

The All-Share index also decreased by 0.11 percent, or 123.53 points, to close at 107,675.46, against 107,798.99 of the previous day.

The return from the beginning of the year (YTD) was 4.61 percent.

The size of the market ended positive, with 30 earnings and 23 losers.

On the chain graphic designer, Ondo Plc and PZ Cussions Nigeria Plc (PZ) led with an increase of 10 % each, closing respectively to N48 and N29.50 per share.

On the contrary, on the loser’s graph, Fidson Healthcare Plc guided with a 9.60 percent reduction, closing at N19.80 per share, followed by Ecobank Transnational Incorporated (ETI) with a reduction of 9.51 percent, closing at N34.70 per share.

A total of 423.42 million shares, for a value of N9.57 billion, were exchanged in 11,112 transactions, compared to 245.51 million shares, for a value of N8.41 billion, exchanged in 10,098 transactions in the previous session.

In the activity table, the First City Monument Bank has guided in volume with 102.27 million shares, while Access Corporation has guided the value of the offers, for a value of N801.88 million. (Nan)