Stock Market

Nigerian Stock Exchange Extends Decline as Mobil, MTNN, Zenith Bank Close in Red

Published

4 years ago

July 14, 2020

NSE Declines With Mobil, MTNN, Zenith Bank, GTBank

The Nigerian Stock Exchange declined further on Monday as MTN Nigeria, Mobil Zenith Bank and Guaranty Trust Bank led top losers.

The market capitalisation of listed equities depreciated by N56 billion from N12.680 trillion it closed on Friday to N12.624 trillion on Monday.

While the NSE All-Share Index declined by 0.44 percent from 24,306.36 basis points it closed on Friday to 24,200.60 bps.

Investors traded 231.234 million shares valued at N2.154 billion in 3,950 transactions.

Top Traded Stocks

Symbols	Volume	Value
STERLNBANK	77,546,295	N96,765,368.56
FCMB	33,275,024	N63,214,411.42
FIDELITYBK	27,058,204	N48,176,736.11
GUARANTY	9,752,237	N215,017,467.10
MTNN	9,732,133	N1,124,643,228.20

Top Gainers

Symbols	Last Close	Current	Change	%Change
NASCON	N9.5	N10	0.5	5.26%
BUACEMENT	N40.95	N41.2	0.25	0.61%
CILEASING	N3.95	N4.2	0.25	6.33%
AFRIPRUD	N4	N4.25	0.25	6.25%
CAVERTON	N1.81	N1.95	0.14	7.73%

Top Losers

Symbols	Last Close	Current	Change	%Change
MOBIL	N192.6	N173.4	-19.2	-9.97%
MTNN	N116.1	N115	-1.1	-0.95%
ZENITHBANK	N16.7	N16.2	-0.5	-2.99%
GUARANTY	N22.45	N22	-0.45	-2.00%
ETERNA	N2.24	N2.09	-0.15	-6.70%

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Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.