The equities market closed in the red on Wednesday as investors continue to take profit after months of bullish runs.
The Nigerian Stock Exchange All-Share Index declined by 0.10 percent to close at 42,000.01 index points.
While the market value of listed stocks dipped to N21.971 trillion.
Investors traded 504.837 million shares valued at N5.310 billion in 5,887 transactions during the trading hours of Wednesday.
Ardova led gainers with 85 kobo or 4.96 profit while Zenith Bank followed with 65 kobo or 2.47 percent.
Top Trades by Volume
NGX Index Sheds 0.79 Percent on Thursday
The Nigerian Exchange Limited (NGX) Index dipped by 0.79 percent on Thursday to extend its bearish trend to 38484.82 index points.
Investors traded 259.968 million shares worth N1.982 billion in 4,975 transactions during the trading hours of Thursday, against 237,510,446 shares worth N1.882 billion traded in 4,305 transactions during the trading hours of Wednesday.
Market capitalisation of listed stocks declined by N16 billion from N20.211 trillion recorded on Wednesday to N20.051 trillion on Thursday.
|TRIPPLEG||N 0.90||N 0.99||0.09||10.00 %|
|REGALINS||N 0.41||N 0.45||0.04||9.76 %|
|CHIPLC||N 0.54||N 0.59||0.05||9.26 %|
|PRESTIGE||N 0.45||N 0.49||0.04||8.89 %|
|ACADEMY||N 0.35||N 0.38||0.03||8.57 %|
|OANDO||N 5.26||N 4.75||-0.51||-9.70 %|
|UACN||N 11.20||N 10.20||-1.00||-8.93 %|
|LINKASSURE||N 0.65||N 0.60||-0.05||-7.69 %|
|FTNCOCOA||N 0.53||N 0.49||-0.04||-7.55 %|
|UPDC||N 1.26||N 1.19||-0.07||-5.56 %|
Nigerian Exchange Limited (NGX) Dips Slightly on Wednesday
The Nigerian Exchange Limited closed lower on Wednesday as listed companies started releasing their first half of the year financial results. The Nigerian Exchange Limited dipped by 0.03 percent to 38791.03 index points.
Investors traded 237,510,446 shares worth N1.882 billion in 4,305 transactions during the trading hours of Wednesday. While the market capitalisation of listed equities moderated to N20.211 trillion.
Oando led the most traded stocks with 442.901 million shares valued at N232.963 million. This was followed by bank stocks as shown in the table below.
Capital Hotel Plc led gainers with N0.26 or 9.85 percent to close at N2.90 a unit. This was trailed by Oando as shown in the table below.
|CAPHOTEL||N 2.64||N 2.90||0.26||9.85 %|
|OANDO||N 4.79||N 5.26||0.47||9.81 %|
|BOCGAS||N 8.45||N 9.20||0.75||8.88 %|
|FTNCOCOA||N 0.49||N 0.53||0.04||8.16 %|
|LIVESTOCK||N 2.29||N 2.40||0.11||4.80 %|
|CHIPLC||N 0.60||N 0.54||-0.06||-10.00 %|
|TRIPPLEG||N 1.00||N 0.90||-0.10||-10.00 %|
|PHARMDEKO||N 1.21||N 1.09||-0.12||-9.92 %|
|REGALINS||N 0.44||N 0.41||-0.03||-6.82 %|
|ETERNA||N 7.60||N 7.10||-0.50||-6.58 %|
Stock Investors Gained N94 Billion on Monday as NGX Extends Gain
The Nigerian Exchange Limited (NGX) extended its bullish trend on Monday following the renewed confidence in the stock market as listed companies started releasing their financial statements.
Investors traded 246,556,190 shares worth N2.243 trillion in 4,676 deals during the trading hours of Monday.
The market value of listed equities gained N94 billion from N20.147 trillion recorded on Friday to N20.241 trillion on Monday, while the Nigerian Exchange Limited All-Share Index appreciated by 0.47 percent from 38,667.90 index points it closed on Friday to 38849.08 index points on Monday.
Oando led top gainers with N0.39 or 9.82 percent gain to settle at N4.36 per share. This was followed by FTN Cocoa Processors plc’s N0.04 or 9.76 percent gain to close at N0.45 a unit. See the details below.
|OANDO||N 3.97||N 4.36||0.39||9.82 %|
|FTNCOCOA||N 0.41||N 0.45||0.04||9.76 %|
|ARDOVA||N 15.90||N 17.45||1.55||9.75 %|
|BOCGAS||N 7.70||N 8.45||0.75||9.74 %|
|LIVESTOCK||N 1.97||N 2.16||0.19||9.64 %|
|UNIVINSURE||N 0.22||N 0.20||-0.02||-9.09 %|
|LINKASSURE||N 0.70||N 0.65||-0.05||-7.14 %|
|SOVRENINS||N 0.29||N 0.27||-0.02||-6.90 %|
|AFRIPRUD||N 6.90||N 6.45||-0.45||-6.52 %|
|REGALINS||N 0.48||N 0.45||-0.03||-6.25 %|
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