Stock Market

Stock Market Closed Flat on Wednesday Despite Sterling Bank, Glaxosmith, Caverton Dragging The Exchange Down

Nigeria Stock Exchange

NSE Closed Flat Despite Sterling Bank, Glaxosmith, Caverton Closing in Red

The Nigerian Stock Exchange closed flat on Wednesday following days of bearish trends.

The NSE All-Share Index remained unchanged at 24,173.53 basis points, the same points it closed on Tuesday. While the market capitalisation of listed equities stood at N12.610 trillion.

During the trading hours of Wednesday, investors traded 402.636 million shares value at N4.554 billion in 3,252 deals, against the 304,185 million shares worth N3.268 billion traded in 3,500 transactions on Tuesday. See the details below.

Top Five Trades

Symbols Volume Value
UACN 136,771,542 N786,722,316.70
NB 52,618,805 N1,631,442,037.50
MULTIVERSE 50,000,000 N10,000,000.00
STERLNBANK 29,200,860 N35,729,200.60
FBNH 18,414,500 N91,192,671.75

Top Gainers

Symbols Last Close Current Change %Change
MAYBAKER N2.78 N3 0.22 7.91%
ETERNA N1.8 N1.96 0.16 8.89%
NEIMETH N1.4 N1.5 0.1 7.14%
FIDSON N2.9 N3 0.1 3.45%
NPFMCRFBK N1.32 N1.42 0.1 7.58%

Top Losers

Symbols Last Close Current Change %Change
GLAXOSMITH N5.25 N4.75 -0.5 -9.52%
AFRIPRUD N4.18 N4.01 -0.17 -4.07%
CAVERTON N1.9 N1.84 -0.06 -3.16%
STERLNBANK N1.22 N1.18 -0.04 -3.28%
CHIPLC N0.49 N0.45 -0.04 -8.16%

 
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.

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Samed Olukoya
5 years ago

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