Trading activities in the Nigerian Equities market closed negative at the end of the trading session on friday July 5th, 2024, extending the market’s bearish streak, in the previous trading session as the NGX All-Share Index lost 4 basis points, closing at 100,022.03 points from 100,063.32 points in the previous session.
The market’s negative performance was primarily driven by selling pressure in stocks such as ACCESSCORP (-3.03%), CUSTODIAN (-4.52%), DANGSUGAR (-2.41%), FBNH (-3.76%), MANSARD (-1.82%) and 21 others.
Consequently, the year-to-date return settled to 33.77%. Also, the overall market capitalization closed at N56.58 trillion, as investor’s wealth decreased by N23.23 billion.
Market activity for the day was negative as volume and value traded decreased by 52.21% and 52.06% to 412.66 million units and N6.02 billion respectfully.