Nigerian Exchange Limited
MTN, Afriprud, UPDC, Others Top Losers as Investors Lose N410 Billion
Nigerian stock market depreciated further on Wednesday as 23 stocks closed in the red, against 15 stocks that posted profits. The Nigerian Exchange Limited (NGX) sheds N410 billion in value.
Trading activity was mixed as investors exchanged 335,480,224 shares worth N3.552 billion in 3,891 deals during the trading hours of Wednesday, in contrast to 224,910,096 shares valued at N3.708 billion that were traded in 4,331 transactions on Tuesday.
All-Share Index depreciated by 1.81 percent to 42,463.16 index points after shedding 0.05 percent on Tuesday. Market value declined by N410 billion from N22.567 trillion it closed on Tuesday to N22.157 trillion on Wednesday.
Sectorial analysis showed the Banking Index lost 115bps on ACCESS (-5.29%), ETI (-1.80%) and STERLNBANK (-1.35%). Gainers were JAIZBANK (+1.49%), WEMABANK (+1.27%) and ZENITHBANK (+0.21%).
The NGX Consumer Goods Index lost 14bps on HONYFLOUR (-5.32%), INTBREW (-2.08%), FLOURMILL (-0.85%) and NASCON (-0.35%). NB (+0.65%) was a gainer in that space today. The NGX Oil and Gas Index lost 12bps on OANDO (-0.63%). The NGX Industrial index inched up 4bps on WAPCO (+0.60%). See other details below.
Year-to-date return moderated to 5.44 percent.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| CORNERST | N 0.52 | N 0.56 | 0.04 | 7.69 % |
| MANSARD | N 2.12 | N 2.28 | 0.16 | 7.55 % |
| CHAMS | N 0.20 | N 0.21 | 0.01 | 5.00 % |
| NGXGROUP | N 16.40 | N 17.00 | 0.60 | 3.66 % |
| FTNCOCOA | N 0.39 | N 0.40 | 0.01 | 2.56 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| MTNN | N 190.00 | N 171.00 | -19.00 | -10.00 % |
| AFRIPRUD | N 6.50 | N 6.00 | -0.50 | -7.69 % |
| UPDC | N 1.07 | N 0.99 | -0.08 | -7.48 % |
| ROYALEX | N 0.54 | N 0.51 | -0.03 | -5.56 % |
| HONYFLOUR | N 3.95 | N 3.74 | -0.21 | -5.32 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| FBNH | 133995395.00 | 1573889108.40 |
| UNIVINSURE | 36193828.00 | 7238765.60 |
| ZENITHBANK | 18339499.00 | 440113529.90 |
| GTCO | 13593251.00 | 334804045.25 |
| TRANSCORP | 10536458.00 | 10188184.33 |