Bourse closes negative with market capitalisation down N19b 

By Cynthia Ezekwe

Trading activities on the Nigerian Exchange(NGX) platform closed bearish on Tuesday,February 21,2023,  as market capitalisation decreased by N19 billion to close at N29.519 trillion.

The All-share Index (ASI) depreciated by 0.06 per cent to close at 54,189.31 points.

In the same vein,  market breadth closed negative as MRS led 10 gainers against 15 equities that recorded losses in their share prices, topped by VERITASKAP.

MRS led the gainers chart as it was up by 10.00 per cent to close at N25.30; TRIPPLEG appreciated by 9.63 per cent to close at N2.39; LIVINGTRUST was up 5.16 per cent to close at N2.65; AIICO gained 1.69 per cent to close at N0.60; while UPDCREIT advanced by 1.64 per cent to close at N3.10.

On the contrary, VERITASKAP shed 4.76 per cent in its share prices to close at  N0.20; LINKASSURE lost 4.44 per cent to close at N0.43; INTBREW declined by 4.26 per cent to close at N4.50; TRANSCORP depreciated by 4.03 per cent to close at N1.19; while CHIPLC was down 2.99 per cent to close at N0.65.

At the end of trading activities on Tuesday, the Year-To-Date(YTD) returns settled at 5.02 per cent, while the stock market advanced by 2,593.65 basis points.