January 22, (THEWILL) — Thursday’s market session closed lower after a mixed trading day that saw selling pressure marginally outweigh gains across the bourse. The market opened at ₦106.442 and closed at ₦105.885, while the All-Share Index (ASI) declined from 166,267.60 to 165,397.37.
Market breadth was negative, with 39 losers edging past 37 gainers, reflecting mild profit-taking despite pockets of strong buying interest in select stocks.
The top gainers include:
JOHNHOLT 10.00 percent (₦7.00 to ₦7.70).
NCR moved up by 10.00 percent (₦171.05 to ₦188.15).
UHOMREIT appreciated by 10.00 percent (going from ₦59.00 to ₦64.90).
INFINITY gained 10.00 percent (₦7.00 to ₦7.70).
DEAPCAP advanced 9.97 percent (₦5.92 to ₦6.51).
While the top losers include:
OMATEK dipped -9.40 percent (from ₦2.34 to ₦2.12).
INTENEGINS moved downward by -6.06 percent (falling from ₦3.30 to ₦3.10).
INTBREW fell by -6.00 percent (₦15.00 to ₦14.10).
NEM declined by-5.60 percent (opening at ₦33.90 and closing at ₦32.00).
WAPCO dipped by -5.06 percent (₦158.00 to ₦150.00).
Stocks that closed flat for the day include Seplat Energy, Okomu Oil Palm, Presco Plc, Dangote Cement, and Julius Berger.
Overall sentiment leaned cautious, as investors locked in gains from recent rallies, while market participants may adopt a more selective approach in the next trading session amid shifting price movements.
Ogochukwu Onwaeze
