Nigerian Exchange Limited
Bearish Trend Continues on the Nigerian Stock Exchange Amid Profit-Taking
Bearish Trend Continues on the Nigerian Stock Exchange Amid Profit-Taking
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 Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| ARDOVA | N17.15 | N18 | 0.85 | 4.96% |
| ZENITHBANK | N26.3 | N26.95 | 0.65 | 2.47% |
| ETERNA | N5.2 | N5.6 | 0.4 | 7.69% |
| UNILEVER | N14.2 | N14.6 | 0.4 | 2.82% |
| NCR | N3.12 | N3.43 | 0.31 | 9.94% |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| FLOURMILL | N33 | N32 | -1 | -3.03% |
| GUARANTY | N33.75 | N33.05 | -0.7 | -2.07% |
| WAPCO | N28 | N27.55 | -0.45 | -1.61% |
| CHAMPION | N3.76 | N3.39 | -0.37 | -9.84% |
| ETI | N6.2 | N5.9 | -0.3 | -4.84% |
Top Trades by Volume
| Symbols | Volume | Value |
|---|---|---|
| UBN | 75,550,014 | N434,420,724.15 |
| GUARANTY | 60,667,157 | N2,010,439,413.60 |
| FCMB | 50,404,374 | N173,546,396.18 |
| TRANSCORP | 44,350,533 | N45,914,240.13 |
| ZENITHBANK | 31,504,267 | N831,983,780.00 |