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Leading from selling pressure on market bellwethers-Airtel Africa, Nestle Foods, MTNN & Dagcem, equities trading on the floor of The Nigerian Stock Exchange dipped by186Bpts, thus, it rounded up at 28,712.90 from 29,256.60. Safe NSE-Banking and NSE-Oil&Gas indices that closed above their respective opening points, other observed market indices in this report lost. Week to Date, market is in the red by 191Bpts while the total lost points in July increased to 418Bpts. See the index movement table for details.
Value loss by the market capitalization of the listed equities during today’s trading activities was N264.970 billion, same as 186Bpts below the opening value. Meanwhile, trading activities for the day produced 11 ADVANCERS and 18 LAGERS. NSEASI Year to Date loss is now 865Bpts while the Market Capitalization Year to Date gain stood at N2.272 trillion same as 1,939Bpts above the year’s opening value.
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