Nigerian Exchange Limited
Stock Market Pulls Back, Sheds N12 Billion
The Nigerian Exchange Limited (NGX) pulled back slightly on Wednesday after posting over N800 billion profit in the first two days of the week.
Investors traded 270,701,973 shares worth N5.627 billion in 3,861 deals during the trading hours of Wednesday, against 280,713,888 shares worth N3.476 billion traded in 4,342 transactions on Tuesday.
NGX All-Share Index dipped by 0.05 percent to 43,707.3 index points on Wednesday, down from 43,730.55 index points recorded on Tuesday.
FBN Holdings returned to the top five most traded stocks on Wednesday, while Neimeth, Chams, Mbenefit and others led the gainers’ chart. See the details below.
Top Five Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| NEIMETH | N 1.80 | N 1.98 | 0.18 | 10.00 % |
| CHAMS | N 0.22 | N 0.24 | 0.02 | 9.09 % |
| MBENEFIT | N 0.25 | N 0.27 | 0.02 | 8.00 % |
| HONYFLOUR | N 3.31 | N 3.54 | 0.23 | 6.95 % |
| CAVERTON | N 1.70 | N 1.80 | 0.10 | 5.88 % |
Top Five Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| REDSTAREX | N 3.65 | N 3.29 | -0.36 | -9.86 % |
| PHARMDEKO | N 2.34 | N 2.11 | -0.23 | -9.83 % |
| ABCTRANS | N 0.33 | N 0.30 | -0.03 | -9.09 % |
| FTNCOCOA | N 0.44 | N 0.40 | -0.04 | -9.09 % |
| CHIPLC | N 0.60 | N 0.55 | -0.05 | -8.33 % |
Top Five Trades
| Symbols | Volume | Value |
|---|---|---|
| FLOURMILL | 50595395.00 | 1474556706.50 |
| TRANSCORP | 38919930.00 | 39248784.37 |
| FBNH | 21492837.00 | 243680882.25 |
| ETI | 19152675.00 | 164498438.15 |
| GTCO | 14574010.00 | 402952272.85 |