Stock Market
Conoil, Dangote Sugar, Vitafoam Drag Stock Market Slightly Down
Stock Market Depreciated as Dangote Sugar, Conoil, Vitafoam Close in Red
The Nigerian Stock Exchange (NSE) closed slightly in the red on Thursday as Conoil, Vitafoam and Dangote Sugar dragged down the nation’s bourse.
The market capitalisation of listed equities depreciated by N1 billion from N12.665 trillion on Wednesday to close at N12.664 trillion on Thursday.
However, the NSE All-Share Index declined by 0.01 percent from 24,278.07 basis points recorded on Wednesday to settle at 24,276.56 bps.
Activity on the Exchange was low as investors traded 192.081 million shares valued at N2.460 billion in 3,833 transactions on Thursday, against the 232.609 million shares valued at N4.698 billion exchanged in 3,523 transactions on Wednesday. See the details below.
Top Trades
| Symbols | Volume | Value |
| FIDELITYBK | 38,064,606 | N68,549,038.51 |
| GUARANTY | 23,578,640 | N534,467,897.40 |
| ZENITHBANK | 23,080,402 | N385,442,984.65 |
| ACCESS | 11,424,332 | N73,860,834.05 |
| UBA | 10,604,152 | N68,104,489.15 |
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
| GUARANTY | N22.5 | N22.75 | 0.25 | 1.11% |
| PZ | N4.2 | N4.35 | 0.15 | 3.57% |
| ETI | N4.6 | N4.75 | 0.15 | 3.26% |
| ZENITHBANK | N16.65 | N16.75 | 0.1 | 0.60% |
| LAWUNION | N1 | N1.07 | 0.07 | 7.00% |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
| CONOIL | N21 | N18.9 | -2.1 | -10.00% |
| VITAFOAM | N5.59 | N5.07 | -0.52 | -9.30% |
| INTBREW | N3.95 | N3.6 | -0.35 | -8.86% |
| ARBICO | N1.89 | N1.71 | -0.18 | -9.52% |
| DANGSUGAR | N11.6 | N11.5 | -0.1 | -0.86% |