Market Wrap: FLOURMILL leads gainers with 10% surge as ASI dips 0.19%; ABBEYBDS, ABCTRANS drag market 

The Nigerian All-Share Index (ASI) closed the trading session on a bearish note, sliding by 185.76 points to settle at 97,233.07.

This represents a 0.19% decline for the trading day that ended on November 14, 2024, underscoring a modest pullback in the broader market.

Despite the dip in the index, trading activity saw an uptick as investors exchanged 291 million shares—a notable 18% increase from the 246 million shares recorded in the previous session—executed across 7,931 deals.

Amid the overall decline, the gainers’ chart brought some positive highlights. Flour Mills of Nigeria (FLOURMILL) emerged as the standout performer with an impressive 10.00% surge, claiming the top spot among advancers.

Close behind, TIP and John Holt (JOHNHOLT) delivered robust performances, climbing 10.00% and 9.86%, respectively.

On the flip side, Abbey Mortage Bank (ABBYBDS) led the losers, dropping 9.77%, followed by ABC Transport (ABCTRANS) with a 9.45% decline, both marking significant losses for…

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Market Wrap: FLOURMILL leads gainers with 10% surge as ASI dips 0.19%; ABBEYBDS, ABCTRANS drag market 

 

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