By Cynthia Ezekwe
Trading activities at the Nigerian Exchange (NGX) platform closed negative on Wednesday as market capitalisation declined by N127 billion to close at N30.228 trillion.
However, a total of N181.1 million units of shares were traded in 3,908 deals, valued at N3.40 billion.
Market breadth closed negative as PRESTIGE led 11 gainers against 19 equities that declined in their share prices topped UCAP.
PRESTIGE led the gainers chart as it recorded 7.89 per cent growth to close at N0.41; VERITASKAP was up 5.00 per cent to close at N0.21; NGXGROUP increased by 4.87 per cent to close at N28.00; UNILEVER appreciated N3.70 per cent to close at N14.00; while JAPAULGOLD increased by 3.57 per cent to close at N0.29.
On the contrary, UCAP led the losers chart as it shed N9.30 per cent to close at N11.70; UPL was down N7.50 per cent to close at N1.85; GLAXOSMITH lost 7.01 per cent to close at N6.20; NEIMETH declined by 7.01 per cent to close at N.46; while OANDO depreciated 6.74 per cent to close at N4.01.
At the end of trading activities on Wednesday, the Year-To-Date (YTD) returns settled at 7.54 per cent, while the stock market advanced by 3,894.54 basis points.
