Stock Market
Guaranty Trust Bank Sheds N10.235 Billion on Tuesday
Guaranty Trust Bank Sheds N10.235 Billion on Tuesday
One of Nigeria’s leading financial institutions, Guaranty Trust Bank, led top losers on Tuesday despite the Nigerian Stock Exchange (NSE) gaining 0.36 percent to close above N21 trillion market value.
Guaranty Trust Bank’s market value declined by 1.07 percent or N10.235 billion as investors traded 9.763 million shares at an average price of N32.50 per share.
The lender’s share declined by 35 kobo from N32.85 to settle at N32.5 per share.
MTN Nigeria followed with a 0.12 percent decline to close at N165 per share, down from N165.2 per share it opened the day.
Investors traded 1.166 billion shares valued at N7.969 billion in 5,591 transactions during the trading hours of Tuesday.
The market capitalisation of listed equities grew by 0.36 percent to N21.069 trillion while the NSE All-Share Index expanded by the same 0.36 percent to 40,295.95 index points.
Dangote Cement led the top gainers’ chart with N5 or 2.22 percent to settle at N230 per share. Ardova followed with N1.75 percent or 9.75 per share to call it a day at N19.7 per share. See the details below.
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| UPDCREIT | 755,007,570 | N4,152,541,635.00 |
| MANSARD | 49,508,032 | N59,128,938.35 |
| TRANSCORP | 44,268,834 | N41,763,015.29 |
| JAPAULGOLD | 29,348,202 | N34,043,914.32 |
| STERLNBANK | 26,206,465 | N51,849,122.42 |