Bear tightens grips on Nigerian bourse as index down 0.34% Wednesday

The bear continued to tightens its grips on the Nigerian Stock Exchange as the market All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.34 per cent on Wednesday while the year-to-date return stood at 36.38 per cent.
The All-Share Index closed at 36,652.82 against the previous close of 36,776.60 while Market Capitalization closed at ₦12.617 trillion against previous close of ₦12.659 trillion.
Volume traded decreased by 4.76 per cent from 353.195 million to 336.386 million, while the total value of stock traded decreased by 43.64 per cent from ₦3.255 billion to ₦1.835 billion in 3,689 deals.
The Financial Services sector led the activity chart with 301.954 million shares exchanged for ₦0.897 billion. Consumer Goods came next with 10.9 million shares traded for ₦0.726 billion, Services, Conglomerates, Oil And Gas sectors followed in that order on the activity chart.
Diamondbnk, Skyebank, Zenithbank, Fidelitybk and FBNH were the most active stocks by volume. Mansard, CCNN, Linkassure, Nahco and Redstarex emerged the highest price gainers on the chart, while Vitafoam, Lawunion, UPL, Morison and Skyebank topped the losers chart.