Friday, March 29, 2024

Market Capitalization dipped further by N6.523 billion on Wednesday.

Stock Market Report.

Obi Chibueze, Abuja.

Market capitalization dipped further at the close of trading on the floor of the Nigerian Stock Exchange on Wednesday.

On Tuesday, the Market Capitalization plunged from Eighteen Point Three Six Five Trillion Naira to Eighteen Point Three One One Trillion, a Fifty-Four Point Five Two Five Billion naira fall.

On Wednesday, Market Capitalization maintained a negative stance, declining from Eighteen Point Three One One trillion naira at the close of trading on Tuesday to Eighteen Point Three Zero Four trillion, a Six Point Five Two Three billion naira or Zero Point Zero Four percent fall.

The All Share Index also closed in the negative, decreasing to Thirty-Five Thousand, Twenty-One Point Two Six from Thirty-Five Thousand Thirty-Three Point Nine Nine, a Zero Point Zero Four percent fall.

There were Thirty gainers and Twenty-One losers at the close of business on Wednesday.

FTN COCOA PROCESSORS PLC was the top gainer with its share rising from Thirty-Four Kobo to Thirty-Seven Kobo, an Eight Point Eight Two percent gain per share, while ROYALEX PLC had an eight point seven zero percent loss per share to top the losers chart.

The finance sector dominated the gainers chart, having Twelve gainers among the Thirty gainers on the chart.

ZENITH BANK equity was the most traded stocks, trading Four Hundred and Thirty-Seven stocks valued at six hundred and Forty-Nine Million, Nine Hundred and Seventy-Three Thousand, Eight Hundred and Forty-Six Point One Five naira.

TODAY’S TOP GAINERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
FTNCOCOA 0.34 0.37 0.03 8.82% 7 751,112 277,911.44
UNIONDAC 0.25 0.27 0.02 8.00% 3 554,333 149,669.91
CHAMS 0.21 0.22 0.01 4.76% 8 156,081 34,722.57
UNITYBANK 0.64 0.67 0.03 4.69% 13 525,370 348,824.20
REGALINS 0.22 0.23 0.01 4.55% 3 465,196 106,995.08

 

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TODAY’S TOP LOSERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
ROYALEX 0.23 0.21 -0.02 8.70% 18 6,572,800 1,382,344.00
ARDOVA 14.45 13.2 -1.25 8.65% 27 370,033 4,905,554.05
MBENEFIT 0.24 0.22 -0.02 8.33% 32 23,091,200 5,080,251.00
CHAMPIONS 0.98 0.9 -0.08 8.16% 38 2,012,960 1,811,290.12
FIDSON 4.88 4.5 -0.38 7.79% 34 1,303,300 5,879,032.55

 

 

 

 

 

 

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