Nigerian Exchange Limited

Nigerian Stock Exchange Extends Bearish Trend on Tuesday

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%

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.

Share
Published by
Samed Olukoya

Recent Posts

Discordant Tunes Greet 50% Tariff Hike As Subscribers Threaten To Sue NCC

Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs…

10 hours ago

Beatrice Ekweremadu Returns to Nigeria After Serving Sentence in UK

Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned…

10 hours ago

Nigeria Expands Refining Capacity with MRO Energy’s Delta State Refinery

The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval…

10 hours ago

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

11 hours ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

12 hours ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

12 hours ago