Nigerian Exchange Limited
Equities Market Closed in the Red on Thursday as Sentiment Remains Weak
Nigerian equities closed in the red on Thursday amid weak sentiment and market uncertainties ahead of second-quarter reports.
Investors traded 159,996,570 shares valued at N927.859 million in 3,038 transactions, against a total of 197,231,557 shares worth N2.139 billion that were traded in 3,610 deals during the trading hours of Wednesday.
Nigerian Exchange Limited All Share Index declined by 0.01 percent to 37866.90 index points, down from 37872.55 index points it closed on Wednesday.
Market value of all listed stocks shed N3 billion to N19.729 trillion from the N19.732 trillion posted on Wednesday. Sovereign Trust Insurance Plc led gainers with N0.03 or 10 percent to settle at N0.33 a unit. This was followed by FTN Cocoa Processors Plc with N0.04 or 9.76 percent gain to close at N0.45 a unit.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| SOVRENINS | N 0.30 | N 0.33 | 0.03 | 10.00 % |
| FTNCOCOA | N 0.41 | N 0.45 | 0.04 | 9.76 % |
| CWG | N 1.14 | N 1.25 | 0.11 | 9.65 % |
| AIICO | N 1.05 | N 1.15 | 0.10 | 9.52 % |
| REDSTAREX | N 3.11 | N 3.36 | 0.25 | 8.04 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| IKEJAHOTEL | N 1.40 | N 1.27 | -0.13 | -9.29 % |
| UPDC | N 1.43 | N 1.30 | -0.13 | -9.09 % |
| WAPIC | N 0.59 | N 0.54 | -0.05 | -8.47 % |
| UPL | N 1.52 | N 1.41 | -0.11 | -7.24 % |
| UNITYBNK | N 0.63 | N 0.59 | -0.04 | -6.35 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| SOVRENINS | 14947150.00 | 4754145.00 |
| FIDELITYBK | 13481121.00 | 32158682.94 |
| WAPIC | 11955955.00 | 6496592.60 |
| UPDC | 11244793.00 | 15263275.00 |
| COURTVILLE | 9810313.00 | 2168371.99 |