Trading sessions on the nation's equity market closed bearish on Wednesday, 2nd October 2019. 

This was a result of significant losses grieved by Mobil, Total, Nigerian Breweries, GTBank and MRS. They dropped by -9.45%, -4.86%, -6.67%, -7.53% and -9.84% apiece. Investors traded 175.78 million shares units for the day worth N2.57 billion in 3,539 deals. 

The NSE All-Share Index (ASI) fell by -1.14% to close at 27,314.87 basis points for the day. The NSEASI Year-to-Date (YTD) currently stands at -13.09% at the end of today's session. The Market Capitalization went down by N153.67 billion to close at N13.29 trillion. 

Neimeth Pharmaceutical Company Plc was the best-performing stock for the day. The health firm advanced by 10% to close at 44 Kobo. Continental Reinsurance Plc was up by 9.66% to close at N2.27. ABC Transport Plc rounded up the top three gainers for the day. The stock expanded by 8.82% to close at 37 Kobo. 

Financial Metrics Nigeria reports that the Market Breadth closed negative with 11 gainers against 24 losers. The market turnover also closed negative for the day as volume sags by -9.76% as against 4.01% recorded on Monday. 

On the flip side, Fidson Healthcare Plc was the worst-performing stock for the day. The stock depreciated by 10% to close at N4.05%. Africa Prudential Plc shed -9.97% to close at N3.52. Ecobank Transnational Plc completed the top three losers for the day. The lender declined by 9.94% to close at N7.25. 

Guaranty Trust Bank led the volume and value activity charts for the day. The lender transacted 25.29 million shares units worth N684.18 million. NASCON Allied Industries Plc traded 20.76 million shares units worth N274.08 million. First Bank of Nigeria was involved in 17.34 million shares units sold worth N94.28 million.  

Source: https://financialmetricsnigeria.com/investors-lose-n153-67bn-as-nigerian-stock-market-continues-tanking/

Cc: Lalasticala, Mynd44, MissyB3, Dominique.

....And we still have 3more years to bear this pains and agonies of a failed government