Stock Market

Cadbury, Wapco, Zenith Bank, Others Drag Stock Market Down on Wednesday

Stock Market Closed in the Red on Wednesday

The Nigerian Stock Exchange closed in the red on Wednesday as stocks of Cadbury, Wapco, Zenith Bank and others closed in the red.

Investors traded 211.816 million shares valued at N2.418 billion in 3,651 transactions during the trading hours of Wednesday.

The market capitalisation of listed equities declined by 0.19 percent to N13.353 trillion while the NSE All-Share Index dipped to settle at 25,550.31 basis points.

FCMB led the most traded stocks with 30,330,031 shares valued at N62,182,204.17 while Access Bank, UBA and Zenith Bank followed with 20,974,396; 18,569,571 and 17,986,821 worth N139,403,579.80; N109,651,119.40 and N306,340,033.75. See the details below.

Top Trades

Symbols Volume Value
FCMB 30,330,031 N62,182,204.17
ACCESS 20,974,396 N139,403,579.80
UBA 18,569,571 N109,651,119.40
ZENITHBANK 17,986,821 N306,340,033.75
FBNH 13,537,826 N67,406,854.10

Top Losers

Symbols Last Close Current Change %Change
CADBURY N7.75 N7.1 -0.65 -8.39%
WAPCO N13.5 N13 -0.5 -3.70%
NEM N2.25 N2.03 -0.22 -9.78%
INTBREW N3.2 N3 -0.2 -6.25%
ZENITHBANK N17.2 N17 -0.2 -1.16%

Top Gainers

Symbols Last Close Current Change %Change
NB N41.05 N42 0.95 2.31%
BERGER N6.05 N6.5 0.45 7.44%
UBN N5 N5.35 0.35 7.00%
CAP N17 N17.1 0.1 0.59%
UCAP N3.01 N3.11 0.1 3.32%

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
4 years ago

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