Nigerian Stock Exchange All-Share Index Falls 0.09% as Market Capitalization Rises 0.18%

The Nigerian Stock Exchange (NGX) witnessed a 0.09% decline in the All-Share Index, closing the week at 165,370.40 points, while market capitalization increased by 0.18% to N106.153 trillion. The NGX 30, CG, Premium Bank, Pension Growth, NGX Pension, and Broad indices recorded declines ranging from 0.13% to 1.13%.

Trading activities saw a total of 3.087 billion shares worth N81.505 billion exchanged in 222,185 deals. The financial services and industrial sectors dominated trading, contributing 48.45% and 41.62% to total equity turnover volume and value, respectively.

Notable equities with high trading volumes included Verita Kapit Assur PLC, Cutix PLC (NGX: CUTIX), and Secure Electronic Technology PLC (NGX: NSLTECH). Guaranty Trust Holding Company PLC (NGX: GTCO) listed 125 million ordinary shares at N80.00 per share through a private placement, increasing the total issued shares.

Additionally, Presco PLC (NGX: PRESCO) listed 166.667 million ordinary shares at N1,420.00 per share, raising its total issued shares.