Nigerian Exchange Limited
Nigerian Stock Market Dips Marginally on Tuesday
The Nigerian stock market extended its decline on Tuesday despite investors transacting over N11 billion worth of Oando shares on Monday.
Investors traded 217,972,819 shares valued at N2.908 billion in 4,158 deals, against 2,402,071,798 shares worth N16.467 billion that were transacted in 4,811 on Monday.
The banking industry gained 21 basis points on the back of positive close from Wema Bank, Access Bank, UBN and ETI.
However, the consumer goods sector dipped by 1 basis point as the decline in Intebrew and Dangote Sugar outweighed profit from Honeywell Flour, Flourmill and Unilever. Oil and gas sector lost 20 basis points while the industrial sector closed flat.
Market value of all listed equities depreciated by N1 billion from N22.576 trillion it closed on Monday to N22.577 trillion on Tuesday.
All-Share Index declined by 0.01 percent to 43,255.14 index points, down from 43,260.13 index points posted on Monday. The Exchange year-to-date return moderated to 7.41 percent.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| HONYFLOUR | N 3.72 | N 4.09 | 0.37 | 9.95 % |
| UPL | N 2.30 | N 2.50 | 0.20 | 8.70 % |
| CHIPLC | N 0.54 | N 0.58 | 0.04 | 7.41 % |
| GLAXOSMITH | N 6.05 | N 6.40 | 0.35 | 5.79 % |
| FTNCOCOA | N 0.40 | N 0.42 | 0.02 | 5.00 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| UPDC | N 1.39 | N 1.26 | -0.13 | -9.35 % |
| NEM | N 2.05 | N 1.86 | -0.19 | -9.27 % |
| MANSARD | N 2.35 | N 2.23 | -0.12 | -5.11 % |
| CHAMS | N 0.22 | N 0.21 | -0.01 | -4.55 % |
| ROYALEX | N 0.49 | N 0.47 | -0.02 | -4.08 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| GTCO | 36186902.00 | 919633415.45 |
| FBNH | 31543824.00 | 387277938.75 |
| ZENITHBANK | 13433903.00 | 327244854.85 |
| ACCESS | 13091171.00 | 121509692.05 |
| HONYFLOUR | 9841846.00 | 40253150.14 |