Stock Market
Stock Market Resumes Bearish Trend on Friday as Seplat, BUA, Others Decline
NSE Resumes Downward Trend as Seplat, BUA, Others Decline
Seplat led losers on Friday to force the Nigerian Stock Exchange to resume its bearish trend started in June.
The market capitalisation of listed equities declined by N44 billion from N12.787 trillion it closed on Thursday to N12.743 trillion on Friday.
While the NSE All-Share Index declined by 0.34 percent from 24,512.27 basis points to 24,427.73 bps on Friday.
However, activity level was positive as investors traded 174.199 million shares valued at N2.385 billion in 3,723 transactions, against 164.289 million shares valued at N164.289 million in 2,986 transactions on Thursday. See the details below.
Top Trades by Volume
| Symbols | Volume | Value |
| ZENITHBANK | 34,572,651 | N537,548,153.05 |
| FBNH | 28,129,228 | N140,124,045.50 |
| UBA | 14,495,062 | N87,932,053.55 |
| ACCESS | 9,761,665 | N60,345,387.15 |
| NB | 9,718,219 | N301,305,104.80 |
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
| JBERGER | N15.5 | N17.05 | 1.55 | 10.00% |
| STANBIC | N29 | N30 | 1 | 3.45% |
| CUSTODIAN | N5 | N5.5 | 0.5 | 10.00% |
| DANGSUGAR | N11.7 | N11.9 | 0.2 | 1.71% |
| NAHCO | N2.03 | N2.2 | 0.17 | 8.37% |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
| SEPLAT | N386 | N347.4 | -38.6 | -10.00% |
| BUACEMENT | N40 | N39 | -1 | -2.50% |
| UNILEVER | N12.85 | N12.25 | -0.6 | -4.67% |
| UBA | N6.1 | N6 | -0.1 | -1.64% |
| WAPCO | N11 | N10.95 | -0.05 | -0.45% |