November 21, (THEWILL) — The Nigerian equities market closed lower on Thursday, November 20th as persistent sell-offs dragged key indicators further into negative territory.
Market capitalisation declined from N92.002 trillion at the opening to N91.710 trillion at the close, while the All-Share Index slipped from 144,646.01 points to 144,187.03 points, reflecting renewed bearish sentiment across several major sectors.
Overall, the market recorded 16 gainers against 38 losers, underscoring a broad-based decline as investors continued to unwind positions.
Top Gainers
- NCR gained 10.00 percent (from N34.00 to N37.40) as continued interest in industrial technology stocks lifted its share price.
- FG20209S5 rose 9.94 percent (from N102.96 to N110.93) on improved demand for fixed-income-linked instruments.
- ROYALEX advanced 7.57 percent (from N1.85 to N1.99).
- CILEASING appreciated by 6.00 percent (from N5.00 to N5.30).
- LIVINGTRUST increased 3.87 percent (from N3.36 to N3.49).
Top Losers
- NEIMETH fell -10.00 percent (from N5.50 to N4.95) on renewed sell pressure.
- OMATEK declined -10.00 percent (from N1.30 to N1.17).
- TANTALIZER dropped -9.75 percent (from N2.77 to N2.50).
- INTENEGINS slid -9.62 percent (from N2.60 to N2.35).
- WEMABANK dipped -8.63 percent (from N19.70 to N18.00).
Unchanged Stocks
Key counters that held their positions include Dangote Cement, Custodian Investment, UACN Plc, Presco Plc, and Julius Berger.
Ogochukwu Onwaeze
