Nigerian Exchange Limited

Nigerian Stock Market Opens Lower on Wednesday

The Nigerian Exchange Limited (NGX) opened lower on Wednesday after shedding N153 billion on Monday.

The market value of all the listed equities hover around N21.455 trillion in the early hours of Wednesday, a N17 billion decline when compared to the N21.473 trillion the Exchange closed on Monday.

The NGX All-Share Index dipped to 41,112.99 index points on Wednesday from  41,144.67 index points it closed on Monday.

On Monday, the Nigerian Exchange Group, the new listed stock, led gainers with N1.75 or 9.85 percent to close at N19.50 a unit. This was followed by Ikeja Hotel as shown below.
Top Gainers on Monday
Symbols Last Close Current Change %Change
NGXGROUP N 17.75 N 19.50 1.75 9.86 %
IKEJAHOTEL N 1.05 N 1.15 0.10 9.52 %
CUSTODIAN N 7.30 N 7.85 0.55 7.53 %
HONYFLOUR N 3.55 N 3.78 0.23 6.48 %
CHAMS N 0.22 N 0.23 0.01 4.55 %

Top Losers on Monday

Symbols Last Close Current Change %Change
MAYBAKER N 4.74 N 4.36 -0.38 -8.02 %
ROYALEX N 0.64 N 0.59 -0.05 -7.81 %
NPFMCRFBK N 1.85 N 1.71 -0.14 -7.57 %
FBNH N 12.70 N 11.75 -0.95 -7.48 %
MBENEFIT N 0.30 N 0.28 -0.02 -6.67 %

Top Trades on Monday

Symbols Volume Value
FBNH 67614896.00 832795740.75
ACCESS 36619323.00 351205679.95
TRANSCORP 26549871.00 26623432.07
GTCO 25563059.00 755248988.40
FIDELITYBK 19473904.00 53250999.16

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
3 years ago

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