Nigerian Exchange Limited

Japaul, Champion, Others Weigh on Nigeria’s Stock Exchange

Japaul, Champion, Others Weigh on Nigeria’s Stock Exchange

The Nigerian Stock Exchange closed in the red again on Wednesday as bearish sentiment persists across the board.

Investors traded 244.342 million shares estimated at N4.128 billion in 4,714 transactions during the trading hours of Wednesday.

The Nigerian Stock Exchange All-Share Index depreciated by 0.44 percent to settle at 39,522.06 index points. While the market value of listed stocks closed lower at N20.678 trillion.

Japaul led the losers’ table with a 10 percent decline. This was followed by NEM Insurance Plc’s 9.91 percent decline. See the details below.

Top Losers

Symbols Last Close Current Change %Change
JAPAULGOLD N0.6 N0.54 -0.06 -10.00%
NEM N2.12 N1.91 -0.21 -9.91%
CHAMPION N2.05 N1.85 -0.2 -9.76%
NPFMCRFBK N1.9 N1.72 -0.18 -9.47%
LINKASSURE N0.56 N0.51 -0.05 -8.93%

Top Gainers

Symbols Last Close Current Change %Change
SEPLAT N530 N583 53 10.00%
AIICO N1.15 N1.21 0.06 5.22%
CORNERST N0.58 N0.61 0.03 5.17%
UAC-PROP N0.8 N0.84 0.04 5.00%
CUTIX N2.14 N2.23 0.09 4.21%

Top Traded Stocks

Symbols Volume Value
ZENITHBANK 41,382,080 N1,060,149,129.45
GUARANTY 28,990,998 N919,822,730.20
UCAP 24,606,285 N145,323,889.68
MANSARD 17,592,232 N18,459,572.61
FBNH 16,540,558 N115,786,636.85

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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