The local bourse closed negatively partly due to selling pressure in the Industrial, Consumer goods, and Telecoms sectors.

Consequently, the NGX All Share Index dipped -3.15% and settled at 102, 393.23 points. The market breadth index was negative as the NGX posted 18 gainers and 37 losers.

Today’s gainers were led by JULI PLC (+9.52%), while the top loser was DANGCEM (-10%). Other top gainers include DAARCOMM (+8.64%) while other bottom losers include: MTNN (-10%)

GTCO was the most traded stock in terms of volume, accounting for 10.54% of the total volume of trades. The orange brand was followed by TRANSCORP (7.35%), ACCESSCORP (5.81%), FBNH (5.79%), and ZENITH BANK (5.78%) to complete the top 5 on the volume chart,

GEREGU was the most traded stock in value terms, with 23.40% of the total value of trade on the exchange, according to records.

DANGCEM and MTNN were the top losers, with a price depreciation of -10.00% each. Also, on the loser chart are: NGXGROUP (-9.76%), NB (-9.08%), ETERNA (-7.43%), UNITYBNK (-5.14%), and DANGSUGAR (-3.16%).

All the five major market sectors closed in the red. The Industrial sector dropped by -6.02%, followed by the Insurance sector which lost 2.49% and the Consumer goods sector was down by-0.77%. The Oil & Gas sector declined by 0.28%, and the Banking sector fell by 0.26%.