Nigerian Exchange Limited
Stock Market Extends Decline Amid Profit-taking
The Nigerian stock market extended declines on Tuesday as selloff in the banking sector plunged investors’ wealth by N17 billion.
The Nigerian Exchange Limited All-Share Index depreciated by 0.08 percent to 38,873.85 index points, down from 38,906.42 index points recorded on Monday. While market value of listed equities dipped by N17 billion from N20.271 trillion on Monday to N20.254 trillion on Tuesday.
Investors traded 184,442,908 shares valued at N2.343 billion in 3,809 transactions during the trading hours of Tuesday, against 190,959,987 shares worth N2.353 billion in 3,462 transactions that exchanged hands on Monday.
In terms of volume traded, United Bank for Africa Plc led with 38994303.00 shares worth N297,640,689.80. GTCO followed with 19036730.00 shares valued at N517,862,116.20. See the details below.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| MRS | N 13.85 | N 15.20 | 1.35 | 9.75 % |
| VERITASKAP | N 0.21 | N 0.23 | 0.02 | 9.52 % |
| REGALINS | N 0.44 | N 0.47 | 0.03 | 6.82 % |
| UNITYBNK | N 0.53 | N 0.55 | 0.02 | 3.77 % |
| COURTVILLE | N 0.31 | N 0.32 | 0.01 | 3.23 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| NEIMETH | N 1.90 | N 1.75 | -0.15 | -7.89 % |
| CHAMS | N 0.23 | N 0.22 | -0.01 | -4.35 % |
| JAPAULGOLD | N 0.49 | N 0.47 | -0.02 | -4.08 % |
| SOVRENINS | N 0.25 | N 0.24 | -0.01 | -4.00 % |
| WEMABANK | N 0.79 | N 0.76 | -0.03 | -3.80 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| UBA | 38994303.00 | 297640689.80 |
| GTCO | 19036730.00 | 517862116.20 |
| ZENITHBANK | 14199218.00 | 326522432.45 |
| UCAP | 12887768.00 | 114176622.20 |
| ACCESS | 10083060.00 | 90170729.90 |