The Nigerian Exchange Limited (NGX) lost 0.25 percent on Wednesday following three consecutive days of gains that saw NGX market capitalization approach N60 trillion.
Activity on the Exchange declined as investors exchanged 257.552 million shares worth N8.993 billion in 7,776 transactions, compared to 286.1 million shares worth N26.8 billion traded in 9,650 deals on Tuesday.
The market capitalization of listed equities decreased by N148 billion from N59.707 trillion in the previous session to N59.559 trillion on Wednesday.
The NGX All-Share Index dropped 0.25 percent, or 249.4 points to close at 98,291.53 index points from 98,540.93 index points on Tuesday.
Deap Capital Management led the gainers with a 10 percent increase while UACN and Dangote Sugar followed with 9.90 percent and 9.69 percent gains, respectively.
On the flip side, Custodian led the losers with an 8.98 percent decline to close at N11.65 per share. Okomu Oil lost N24.90, or 6.86 percent to settle at N338.10 per unit and Consolidated Hallmark Holdings fell 6.62 percent, or 10 kobo to N1.41 per share.
Fidelity Bank was the most traded stock with 38.209 million shares worth N559.084 million exchanged. See other details below.
Top Five Gainers
| Symbols |
Last Close |
Current |
Change |
%Change |
| DEAPCAP |
N 1.20 |
N 1.32 |
0.12 |
10.00 % |
| UACN |
N 19.70 |
N 21.65 |
1.95 |
9.90 % |
| DANGSUGAR |
N 32.00 |
N 35.10 |
3.10 |
9.69 % |
| CHAMPION |
N 3.42 |
N 3.75 |
0.33 |
9.65 % |
| DAARCOMM |
N 0.54 |
N 0.59 |
0.05 |
9.26 % |
Top Five Losers
| Symbols |
Last Close |
Current |
Change |
%Change |
| CUSTODIAN |
N 12.80 |
N 11.65 |
-1.15 |
-8.98 % |
| OKOMUOIL |
N 363.00 |
N 338.10 |
-24.90 |
-6.86 % |
| CONHALLPLC |
N 1.51 |
N 1.41 |
-0.10 |
-6.62 % |
| ARADEL |
N 820.00 |
N 772.00 |
-48.00 |
-5.85 % |
| MCNICHOLS |
N 1.42 |
N 1.35 |
-0.07 |
-4.93 % |
Top Five Trades
| Symbols |
Volume |
Value |
| FIDELITYBK |
38208737.00 |
559084494.25 |
| UBA |
33788061.00 |
829612602.15 |
| GTCO |
16739423.00 |
858279401.40 |
| CHAMPION |
14440020.00 |
54227220.54 |
| ZENITHBANK |
11593481.00 |
436483631.30 |
