Nigerian Exchange Limited
Stocks Close Lower on Ahead of Christmas
Nigerian equities market closed in the red on Wednesday ahead of the Christmas holidays as 14 stocks lost points. Investors traded 224,026,702 shares worth N2.658 billion in 2,677 transactions during the trading hours of Wednesday.
Market value of all listed equities dropped to N22.050 trillion while the Nigerian Exchange Limited (NGX) depreciated by 0.34 percent to 42,244.22 index points.
Sectorial analysis showed the NGX Banking Index lost 100bps on UBN (-5.15%), UBA (-1.26%), WEMABANK (-1.25%) and ZENITHBANK (-1.01%). UNIYTYBANK (+2.22%) and FIDELITY (+0.39%) gained points.
The NGX Industrial index shed 21bps on WAPCO (-3.75%). CUTIX (+10.00%) was a gainer in that sector today. However, the NGX Consumer Goods Index gained 58bps on NESTLE (+1.43%). INTBREW (-2.06%) was a loser in that space today. The NGX Oil and Gas Index lost 75bps on OANDO (-3.96%).
Top Five Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| MAYBAKER | N 4.10 | N 4.51 | 0.41 | 10.00 % |
| CUTIX | N 2.40 | N 2.64 | 0.24 | 10.00 % |
| UPDC | N 1.16 | N 1.25 | 0.09 | 7.76 % |
| CHIPLC | N 0.59 | N 0.62 | 0.03 | 5.08 % |
| CHAMS | N 0.20 | N 0.21 | 0.01 | 5.00 % |
Top Five Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| ROYALEX | N 0.75 | N 0.70 | -0.05 | -6.67 % |
| LASACO | N 1.10 | N 1.03 | -0.07 | -6.36 % |
| UBN | N 4.85 | N 4.60 | -0.25 | -5.15 % |
| FCMB | N 3.00 | N 2.87 | -0.13 | -4.33 % |
| OANDO | N 4.55 | N 4.37 | -0.18 | -3.96 % |
Top Five Trades
| Symbols | Volume | Value |
|---|---|---|
| UACN | 77367451.00 | 696465127.15 |
| MBENEFIT | 15040350.00 | 4326136.50 |
| SOVRENINS | 12150005.00 | 3005001.25 |
| VERITASKAP | 9633012.00 | 2023012.52 |
| ACCESS | 8983532.00 | 80903596.70 |