Nigerian stock market extended decline for a second consecutive day on Wednesday despite 23 stocks closing in the green against 18 stocks that lost.
Investors exchanged 243,185,049 shares valued at N3.747 billion in 3,777 transactions on Wednesday, against 217,972,819 shares valued at N2.908 billion that were traded in 4,158 deals on Tuesday.
Market value dipped by N12 billion from N22.577 trillion recorded on Tuesday to N22.565 trillion on Wednesday while the All-Share Index sheds 0.02 percent to close at 43,245.02 index points.
The banking sector gained 25 basis points on positive close of Fidelity Bank, Zenith Bank, Sterling. Wema Bank and Access Bank both closed in the red.
The consumer goods sector also gained, expanding by 9 basis points on Unilever, Dangote Sugar, Flour Mill and Nestle. Honeyflour and Intbrew shed 9.78 percent and 1.87 percent, respectively.
The oil and gas sector lost 24 basis points amid the US decision to increase the global oil supply from its reserve. Industrial index gained 13 basis points. See other details below.
Top Five Gainers
| Symbols |
Last Close |
Current |
Change |
%Change |
| LIVINGTRUST |
N 0.80 |
N 0.88 |
0.08 |
10.00 % |
| CHAMS |
N 0.21 |
N 0.23 |
0.02 |
9.52 % |
| AIICO |
N 0.54 |
N 0.59 |
0.05 |
9.26 % |
| IKEJAHOTEL |
N 1.15 |
N 1.25 |
0.10 |
8.70 % |
| NGXGROUP |
N 15.30 |
N 16.50 |
1.20 |
7.84 % |
Top Losers
| Symbols |
Last Close |
Current |
Change |
%Change |
| HONYFLOUR |
N 4.09 |
N 3.69 |
-0.40 |
-9.78 % |
| ETERNA |
N 6.65 |
N 6.05 |
-0.60 |
-9.02 % |
| REGALINS |
N 0.39 |
N 0.36 |
-0.03 |
-7.69 % |
| CORNERST |
N 0.56 |
N 0.52 |
-0.04 |
-7.14 % |
| WEMABANK |
N 0.83 |
N 0.80 |
-0.03 |
-3.61 % |
Top Trades
