Bears dominate on NGX as equities lose N518bn

Bearish Investors dominated Friday’s trading session as The Nigerian Exchange (NGX) closed in negative territory.

The All-Share Index (ASI) traded 1.39% lower to close at 67,324.59 index points as against 68,271.14 index points recorded in the previous day’s trading session.

Likewise, the market capitalization of equities plunged by N518 billion to close at N36.847 trillion, 1.39% lower than the N37.365 trillion recorded in the previous trading session.

NGX ASI: 67,324.59 points

Market breadth closed negative as NEM (10.00%) led the gainers, OANDO (-9.89%) led the losers while UNIVINSURE was the most traded equity – by volume – at the end of today’s session.

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