Stock Market

Flour Mills Shed 4.53 Percent on Tuesday as Stock Market Struggles

Stock Market Sheds 0.09 Percent on Tuesday

The stock price of Flour Mills of Nigeria Plc depreciated by N1.2 or 4.53 percent to close at N25.3 per share on Tuesday as investors have started cutting down on their holdings going into the holiday.

Investors traded 306.274 million shares valued at N3.274 billion in 4,500 transactions during the trading hours of Tuesday.

The NSE All-Share Index depreciated by 0.09 percent to 35,033.74 index points while the market capitalisation of listed equities settled at N18.311 trillion to sustain the bourse’s year-to-date return above 30 percent.

United Bank for Africa led the most traded stocks with 142,435,680 shares valued at N1,201,922,613.35. Zenith Bank came second with 33,857,329 shares worth N795,520,126.70. See the details below.

Top Trades

Symbols Volume Value
UBA 142,435,680 N1,201,922,613.35
ZENITHBANK 33,857,329 N795,520,126.70
FBNH 12,632,137 N89,441,407.20
GUARANTY 9,730,530 N321,884,277.60
ETI 9,161,953 N52,357,680.40

Top Gainers

Symbols Last Close Current Change %Change
ETI N5.4 N5.85 0.45 8.33%
DANGSUGAR N18.6 N18.9 0.3 1.61%
UACN N7.2 N7.3 0.1 1.39%
OANDO N2.85 N2.93 0.08 2.81%
FTNCOCOA N0.31 N0.34 0.03 9.68%

Top Losers

Symbols Last Close Current Change %Change
FLOURMILL N26.5 N25.3 -1.2 -4.53%
ZENITHBANK N23.7 N23.4 -0.3 -1.27%
WAPCO N22.8 N22.5 -0.3 -1.32%
ACCESS N8.5 N8.3 -0.2 -2.35%
NAHCO N2.4 N2.3 -0.1 -4.17%

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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4 years ago

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