Nigerian equities declined at the end of Wednesday’s trading session as Investors await the outcome of the judgment on the Presidential Election Petitions Tribunal (PEPT).
TheWitness reported that the verdict of the Presidential Election Petitions Tribunal (PEPT) which would determine whether President Tinubu remains in power or not would be delivered today.
The All-Share Index (ASI) traded 0.07% lower to close at 68,286.28 index points as against 68,334.68 index points recorded in the previous day’s trading session.
Likewise, the market capitalization of equities saw a loss of N27 billion to close at N37.373 trillion, 0.07% lower than the N37,400 trillion recorded in the previous trading session.
Below are the market indices for today’s trading session:
NGX ASI: 68,286.28 points
% Day Change: -0.07%
% YTD: +33.24%
Market Cap: N37.373 trillion
Volume Traded: 378.65 million
Value: N5.48 billion
Deals: 7671
Market breadth closed negative as GUINEAINS (10.00%) led gainers, VITAFOAM (-10.00%) led losers while OANDO was the most traded equity – by volume – at the end of today’s session.
GUINEAINS, BETA GLASS, and CALVERTON led the top gainer’s chart as they all gained +10.00%, +9.91%, and +9.84% respectively.
Meanwhile, VITAFOAM, VERITASKAP and LINKASSURE led the top losers’ chart as they lost –10.00%, -7.69%, and –5.56% respectively.
Shares of tier 1 banks saw mixed trading sessions as GTCO (-1.77%), UBA (-0.33%), ACCESS HOLDINGS (-0.29%), ZENITH BANK (-0.14%) all recorded losses while FBN HOLDINGS (0.84%) gained.
