Nigerian Exchange Limited
Nigerian Stock Market Closed Flat
Activity level was mixed as investors exchanged 416,469,572 shares worth N3.459 billion in 4,466 deals, against 314,611,778 shares worth N12.846 billion that exchanged hands in 4,708 transactions during the trading hours of Tuesday.
Equities market in Africa’s largest economy Nigeria closed flat on Wednesday following a negative close on Tuesday.
Activity level was mixed as investors exchanged 416,469,572 shares worth N3.459 billion in 4,466 deals, against 314,611,778 shares worth N12.846 billion that exchanged hands in 4,708 transactions during the trading hours of Tuesday.
Mbenefit was the most traded stock with investors trading 212,508,835 shares worth N53,124,799.68. GTCO followed with 42,151,855 shares valued at N867,539,818.50.
Breaking down each of the sectors, the banking index depreciated by 7 basis points (bps) on the decline in the value of Ecobank, Jaiz Bank and UBA. Fidelity Bank and Zenith Bank closed in the green.
The industrial index closed flat as Wapco and Cutix recorded 0.19% and -3.18%, respectively.
However, the consumer goods index appreciated by 9bps on a 1.88% increase in the value of Dangote Sugar, even though PZ shed 3.18%. Similarly, the oil and gas index gained 7bps on a 4.41% increase Eterna.
The market capitalisation of all listed equities depreciated by N1 billion from N27.928 trillion to N27.927 trillion on Wednesday. The NGX All-Share Index closed at 51,802.48 index points, similar to 51,803.98 index points recorded on Tuesday.
A total of 17 stocks appreciated during the trading hours of Wednesday, against 14 stocks that lost points. The Exchange year to date stood at 21.27%. See other details below.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| IKEJAHOTEL | N 1.10 | N 1.21 | 0.11 | 10.00 % |
| ROYALEX | N 0.96 | N 1.03 | 0.07 | 7.29 % |
| NPFMCRFBK | N 1.65 | N 1.77 | 0.12 | 7.27 % |
| FIDELITYBK | N 3.28 | N 3.44 | 0.16 | 4.88 % |
| GLAXOSMITH | N 6.20 | N 6.50 | 0.30 | 4.84 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| UPL | N 2.60 | N 2.35 | -0.25 | -9.62 % |
| CHAMS | N 0.25 | N 0.23 | -0.02 | -8.00 % |
| LINKASSURE | N 0.58 | N 0.54 | -0.04 | -6.90 % |
| CUTIX | N 2.40 | N 2.25 | -0.15 | -6.25 % |
| FTNCOCOA | N 0.35 | N 0.33 | -0.02 | -5.71 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| MBENEFIT | 212508835.00 | 53124799.68 |
| GTCO | 42151855.00 | 867539818.50 |
| UBA | 23985500.00 | 179036889.25 |
| FBNH | 23159326.00 | 262177888.90 |
| ACCESSCORP | 22524556.00 | 208537931.65 |