Newscenter Media News The bearish sentiment persisted in the Nigerian equities market on Wednesday as investors lost ₦47 billion at the close of the day’s business.
This follows a dip in the share prices of stocks like CONOIL, BERGER, and INTENEGINS amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization fell to ₦66.436 trillion from ₦66.483 trillion which the bourse recorded on Tuesday, March 11, 2025.
The benchmark All-Share Index (ASI) decreased to 106,090.38 points from 106,164.64 points which were recorded the previous trading day.
The market breadth was negative as 19 stocks advanced and 32 stocks declined, while 71 stocks remained unchanged in 11,748 deals.
TANTALIZER, NSLTECH, CAVERTON led other gainers with 9.79%, 9.68% and 9.09% growth each in prices to close at N3.14, N0.68 and N3.00 from the previous N2.86, N0.62 and N2.75 per share.
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CONOIL, BERGER, and INTENEGINS led other price decliners with 10%, 9.81% and 9.79% decline each in share prices to close at N331.20, N18.85 and N1.75 from the previous N368.00, N20.90 and N1.75 per share.
On the volume index, SOVRENINS led trading with 989 million shares in 78 deals followed by JAIZBANK which traded 187 million shares in 191 deals.
NSLTECH traded 43 million shares in 196 deals.
On the value index, MTNN topped as the security traded stock worth N2.6 billion in 457 deals followed by ZENITHBANK which traded equities worth N1 billion in 606 deals.
SOVRENINS traded shares valued at N987 million in 78 deals.
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