Nigerian Exchange Limited

Nigerian Exchange Limited Resumes Bearish Trend on Tuesday

The Nigerian Exchange Limited (NGX) resumed its bearish trend on Tuesday following a sell-off that outweighed gains and plunge market value by N13 billion.

Investors exchanged 274.852 million shares valued at N2.632 billion in 4,159 transactions during the trading hours of Tuesday.

The value of listed stocks declined by N13 billion from N20.035 trillion it closed on Monday to N20.022 trillion on Tuesday.

Nigerian Exchange Limited All-Share Index depreciated from 38,437.88 index points on Monday to 38,414.37 index points. Morison led gainers as shown below, while Champion led losers with 9.91 percent decline.

Top Gainers 

Symbols Last Close Current Change %Change
MORISON N 0.94 N 1.03 0.09 9.57 %
WAPIC N 0.53 N 0.58 0.05 9.43 %
UPL N 1.17 N 1.28 0.11 9.40 %
CHIPLC N 0.66 N 0.72 0.06 9.09 %
REGALINS N 0.45 N 0.49 0.04 8.89 %

Top Losers

Symbols Last Close Current Change %Change
CHAMPION N 2.12 N 1.91 -0.21 -9.91 %
JOHNHOLT N 0.63 N 0.58 -0.05 -7.94 %
AFRIPRUD N 6.20 N 5.75 -0.45 -7.26 %
HONYFLOUR N 1.21 N 1.13 -0.08 -6.61 %
CHAMS N 0.21 N 0.20 -0.01 -4.76 %

Top Trades

Symbols Volume Value
UCAP 23973618.00 143661226.70
VERITASKAP 23116551.00 4623310.20
ETERNA 21574826.00 163978899.80
ZENITHBANK 20475242.00 470701908.80
TRANSCORP 16485775.00 14642839.84

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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