Stock market records First decline,down by 0.20%


May 26, 2023.

Azonuchechi Chukwu.

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation decreased from preceding day’s high of 52,927.60 points and N28.819trillion to 52,821.64 points and N28.761trillion.

While the NGX ASI decreased by 0.20 percent, the value of listed stocks on the Nigerian Exchange Limited (NGX) decreased by N58billion.

The market’s positive return year-to-date (YtD) decreased to +3.06 percent. Conoil topped the league of laggards after its share price moved down from N48.40 to N43.60, losing N4.80 or 9.92percent.

Unilever Nigeria also dropped from a high of N15.70 to N14.40, losing N1.30 or 8.28percent. Eterna was down from N7.25 to N6.80, losing 45kobo or 6.21percent. PZ was down from N18 to N16.90, down by N1.10 or 6.11percent.

UBA, Access Corporation, Zenith Bank, GTCO and Geregu were top-5 traded stocks on Thursday. In 5,879 deals, investors exchanged 377,136,295 shares valued at N9.178billion.(

Azonuchechi Chukwu
Azonuchechi Chukwu
Ms Azonuchechi Chukwu has a BSC holder in mass communication Ebonyi State University

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