Nigerian Exchange Limited
Stock Market Closes Flat on Tuesday as Activities Drop
The Nigerian Exchange Limited (NGX) closed flat on Tuesday after posting a N27 billion gain on Monday.
Investors exchanged 353,233,206 shares estimated at N5.569 billion in 5,322 transactions during the trading hours of Tuesday, against 674,498,620 shares worth N7.591 billion that were traded in 5,432 deals on Monday.
The NGX All-Share Index closed flat at 41,814.94 index points on Tuesday. Similarly, the market value of all listed equities remained unchanged at N21.821 trillion.
FBN Holdings continue to lead the most traded stocks with 73062391 shares worth N906,754,975.05 on Tuesday. This was followed by GTCO Plc’s 25039191 shares valued at N715,262,785.80 following a healthy financial statement released for the third quarter ended September 30, 2021, on Tuesday. GTCO’s profit after tax rose by 4.11 percent to N49.986 billion.
Universal Insurance led gainers with N0.02 or 10 percent gain to close at N0.22 a share. University Plc emerged second with N0.15 or 10 percent increase to settle at N1.65 a unit. See other details below.
Top Five Trades
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| UNIVINSURE | N 0.20 | N 0.22 | 0.02 | 10.00 % |
| UPL | N 1.50 | N 1.65 | 0.15 | 10.00 % |
| COURTVILLE | N 0.41 | N 0.45 | 0.04 | 9.76 % |
| ABBEYBDS | N 0.86 | N 0.94 | 0.08 | 9.30 % |
| INTBREW | N 4.85 | N 5.30 | 0.45 | 9.28 % |
Top Fiver Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| ABCTRANS | N 0.34 | N 0.31 | -0.03 | -8.82 % |
| FTNCOCOA | N 0.48 | N 0.45 | -0.03 | -6.25 % |
| CUTIX | N 6.40 | N 6.05 | -0.35 | -5.47 % |
| NGXGROUP | N 20.60 | N 19.65 | -0.95 | -4.61 % |
| SOVRENINS | N 0.24 | N 0.23 | -0.01 | -4.17 % |
Top Five Trades
| Symbols | Volume | Value |
|---|---|---|
| FBNH | 73062391.00 | 906754975.05 |
| GTCO | 25039191.00 | 715262785.80 |
| UNIVINSURE | 22770945.00 | 4919056.91 |
| UBA | 20331377.00 | 171208252.90 |
| TRANSCORP | 18437370.00 | 18864207.86 |