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Nigerian Stock Exchange Extends Bearish Trend on Tuesday

Published

4 years ago

on

Stock - Investors King

Stocks closed in the red in Nigeria on Tuesday to extend its decline to 38,704.97 index points.

Investors traded 410.386 million shares worth N5.985 billion in 3,937 transactions during the trading hours of Tuesday.

The Nigerian Stock Exchange All-Share Index declined by 0.05 percent from 38,722.87 index points on Monday to 38,704.97 index points on Tuesday.

While the market value of listed stocks depreciated by N8 billion from N20.259 trillion on Monday to N20.251 trillion on Tuesday.

Dangote Sugar led the most traded stocks with 107,077,809 shares valued at N1,804,179,611.55. Followed by the Union Bank of Nigeria’s 78,541,593 shares estimated at N416,270,272.15.

Top Trades

Symbols Volume Value
DANGSUGAR 107,077,809 N1,804,179,611.55
UBN 78,541,593 N416,270,272.15
TRANSCORP 31,568,664 N25,258,772.84
GUARANTY 26,829,442 N832,283,378.55
CUSTODIAN 24,731,626 N148,684,509.80

Top Gainers

Symbols Last Close Current Change %Change
WAPIC N0.5 N0.55 0.05 10.00%
CAP N20 N22 2 10.00%
NPFMCRFBK N1.61 N1.77 0.16 9.94%
JBERGER N18.7 N20.55 1.85 9.89%
FTNCOCOA N0.43 N0.47 0.04 9.30%

Top Losers

Symbols Last Close Current Change %Change
LIVESTOCK N2.1 N1.9 -0.2 -9.52%
CHAMS N0.23 N0.21 -0.02 -8.70%
CORNERST N0.6 N0.56 -0.04 -6.67%
CHAMPION N2.24 N2.1 -0.14 -6.25%
ETI N5.1 N4.8 -0.3 -5.88%

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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