A clear, quick breakdown of how the Nigerian stock market moved on December 10, stripped of all complexity.
The Nigerian All-Share Index ended December 10 slightly lower, dropping 78.3 points to 146,862.0, a 0.05% decline from the previous 146,940.3 close. Trading activity also cooled, with volume falling to 747 million shares from 1.9 billion the day before. Market capitalization eased to N93.62 trillion across 19,161 deals.
JapaulGold and Prestige Assurance topped the gainers list, rising 10.00% and 9.40%. Chams and Haldane McCall were the biggest losers, falling 10.00% and 8.88%. Cutix led the market in activity with 122.9 million shares traded, followed by FCMB’s 80.6 million.
GTCO dominated in transaction value at N2.7 billion, with Fidelity Bank and AccessCorp trailing behind.
Large-cap sentiment remained weak, with Nigerian Breweries down 1.33%, while within the FUGAZ group, AccessCorp slipped 2.87% and ZenithBank closed flat. UBA, GTCO, and FirstHoldCo posted slight gains. Despite the dip, the index is edging toward recovery and may rebound toward 150,000 if buying strengthens.
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