NCR (Nigeria) tops gainers amid 0.12% decline in ASI 

The Nigerian All-Share Index closed decrease on Tuesday, November 18, slipping by 173.26 factors to complete at 144,986.51, a gentle 0.12% decline from yesterday’s 145,159.77 shut.

Market exercise additionally slowed, with complete quantity easing to 381.2 million shares from 388.1 million shares traded on Monday.

Market capitalization mirrored the decline, edging down from N92.3 trillion to N92.2 trillion throughout 21,827 offers.

On the gainers’ chart, NCR and UPL led the pack, advancing 9.95% and 9.80% respectively.

On the flip facet, LIVINGTRUST and MCNICHOLS topped the losers’ record, shedding 9.90% and 9.00%.

For traded quantity, TANTALIZERS and STERLINGNG dominated the session, posting the very best share exercise.

Market abstract  

• Present ASI: 144,986.51
• Earlier ASI: 145,159.77
• Day Change: -0.12%
• 12 months-to-Date Efficiency: +40.86%
• Quantity Traded: 381.2 million shares
• Market Cap: N92.2 trillion

Prime 5 gainers   

• NCR: Up 9.95% to N30.95
• UPL: Up 9.80% to N5.60
• TANTALIZER: Up 9.79% to N2.58
• CAVERTON: Up 9.57% to N5.15
• UNIONDICON: Up 9.52% to N6.90

Prime 5 losers 

• LIVINGTRUST: Down 9.90% to N3.73
• MCHNICHOLS: Down 9.00% to N2.73
• LIVESTOCK: Down 7.75% to N6.55
• REGALINS: Down 6.56% to N1.14
• UPDC: Down 6.14% to N5.96

Buying and selling quantity 

• TANTALIZER led the exercise chart with 58.7 million shares, adopted by STERLINGNG with 31.4 million shares.
• UNIVINSURE ranked third with 28.1 million shares, whereas VERITASKAP and ARADEL accomplished the highest 5 with 25.2 million and 16.3 million shares, respectively.

Buying and selling worth 

• When it comes to transaction worth, ARADEL dominated the session with trades value N9.4 billion.
• ZENITHBANK adopted with N743.6 million, whereas GTCO posted offers totaling N671.3 million.
• MTNN recorded N655.2 million in worth traded, and SEPLAT rounded out the highest 5 with N552.6 million.

FUGAZ efficiency 

Among the many FUGAZ group, ZENITHBANK slipped 3.1%, UBA fell 2.51%, and ACCESSCORP declined 1.12%.

On the upside, GTCO gained 0.35%, whereas FIRSTHOLDCO superior 0.5%.

Market outlook 

The Nigerian All-Share Index continues to face persistent bearish strain, with the potential for additional draw back if sentiment stays weak.

Nonetheless, a restoration in mid- and large-cap shares may assist the index reclaim ranges above 150,000 within the close to time period.