Stocks of NAHCO, FCMB, Ikeja Hotel and others closed in the red on Thursday as the Nigerian Exchange Limited (NGX) extended its decline.
Investors exchanged 133,591,047 shares worth N2.438 billion in 4,292 deals during the trading hours of Thursday. UBA was the most traded stock with an estimated 20,453,288 shares valued at N143,647,202 exchanging hands. Chams holding company followed with 8,978,109 shares worth N2,772,466.88.
A critical look into each sector, the banking sector lost 62 basis points (bps) as stocks of Jaiz Bank, UBA and Sterling Bank lost 5.56%, 2.78 and 2%, respectively. Wema Bank and Fidelity Bank appreciated by 6.87% and 1.66%.
The consumer goods sector declined by 3bps on 0.95% depreciation in Intbrew despite Honey Flour gaining 1.52%.
Oil and gas and industrial sectors however closed in the green. Oil and gas appreciated by 6bps on the back of a 2.80% increase in the value of Eterna.
The industrial sector gained 10bps on a 2.74% gain in Cutix and 1.29% in the worth of Wapco.
The NGX All-Share Index depreciated by 0.12% to 50,014.6 index points while the market value of listed equities was N26.976 trillion.
The Exchange year-to-date return moderated to 17.09% as a total of 21 stocks gained against 15 stocks that lost points. See other details of top gainers and losers below.
Top Gainers
Symbols |
Last Close |
Current |
Change |
%Change |
NAHCO |
N 5.30 |
N 5.83 |
0.53 |
10.00 % |
FCMB |
N 3.05 |
N 3.35 |
0.30 |
9.84 % |
IKEJAHOTEL |
N 1.06 |
N 1.16 |
0.10 |
9.43 % |
MULTIVERSE |
N 2.06 |
N 2.25 |
0.19 |
9.22 % |
COURTVILLE |
N 0.47 |
N 0.51 |
0.04 |
8.51 % |
Top Losers
Symbols |
Last Close |
Current |
Change |
%Change |
ABCTRANS |
N 0.30 |
N 0.28 |
-0.02 |
-6.67 % |
JAIZBANK |
N 0.90 |
N 0.85 |
-0.05 |
-5.56 % |
STANBIC |
N 29.00 |
N 28.05 |
-0.95 |
-3.28 % |
CAVERTON |
N 1.05 |
N 1.02 |
-0.03 |
-2.86 % |
UBA |
N 7.20 |
N 7.00 |
-0.20 |
-2.78 % |
Top Trades
Symbols |
Volume |
Value |
UBA |
20453288.00 |
143647202.00 |
CHAMS |
8978109.00 |
2772466.88 |
ACCESSCORP |
8165564.00 |
72687379.70 |
JAPAULGOLD |
7346278.00 |
2859880.92 |
JAIZBANK |
7103653.00 |
6240492.39 |