The volume of transactions on the floor of Nigerian Exchange (NGX) declined by 38.59 percent at the close of trading on Wednesday.
The NGX trading result showed that volume of activities went down by 335.310 million as investors traded 473.492 million shares valued at N10.081 billion in 7403 deals against 868.802 million shares worth N42.806 billion in 8970 deals.
Also the market capitalisation of listed equities declined by N5 billion, representing 0.01 per cent to N34.716 trillion from N34.721 trillion reported the previous day.
The NGX All Share Index also depreciated by 9.49 basis points to 63757.23 points from 63766.72 points reported the previous day.
An analysis HoneyWell Flour Mills led gainers table in percentage terms, increasing by 10 per cent to close at N3.63 per share, Eterna Plc followed with a gain of 9.98 per cent to close at N28.65 per unit, Academy Press gained 9.95 per cent to close at N2.21 per share, Skyways Aviation Handling also appreciated by 9.83 per cent to close at N16.20 per unit, RTBriscoe grew by 9.80 per cent to close at N0.56 per share.
On the contrary, Prestige Insurance and Geregu Power recorded the highest loss, declining by 10 per cent each to close at N0.45 and N315.00 respectively, FTNCocoa fell by 9.61 per cent to close at N2.07 per unit, Linkage insurance dipped by 9.09 per cent to close at N0.70 per unit, Jaiz Bank fell by 9.04 per cent to close at N1.71 per unit.
The NGX trading result showed that transactions in the shares of Japaul Gold led market activities during the day with 77.983 million shares valued at N64.586 million, FCMB group followed with 36.622 million shares cost N221.830 million, Sterling Bank traded 31.239 million shares cost N109.046 million, Dangote Sugar sold a total of 30.704 million shares cost N845.901 million, Fidelity Bank exchanged 22.283 million shares cost N160.859 million.
