NSE: Equity Capitalization dipped by N7.58 Billion Naira, as market sentiment remain unstable

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As the fluctuation of the market continues, investors on Wednesday lost Seven Point Five-Eight Billion naira as four market indices closed in the negative.

Investors gained Eighty-Three Point One-Seven Billion naira on Tuesday. But, on Wednesday, the market capitalization fell from Twenty Point Two –Five –Eight Trillion from Twenty Point Two –Five –One Trillion, a Seven Point Five-Eight

Apart from the total deals that closed blue, other market indicators, including the market capitalization, The All Share Index, the volume and the value all closed in the red.

The All Share Index points closed at Thirty thousand, Seven Hundred and six point One –Three points, down from Thirty-Eight Thousand, Seven Hundred and Twenty Point Eight- Four Points at the close of trading on Tuesday.

One Hundred and Seventy-Seven Point Three Nine Million shares were traded, with a total value of Two Point Six-Seven Billion naira.

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On the performance chart, WAPIC was the top gainer among thirteen other gainers with SFS REAL ESTATE INVESTMENT PLC, OANDO and UNITY BANK as the other top gainers.

However, NCR NIGERIAN PLC and NEIMETH INTERNATIONAL PHARMACEUTICAL PLC dominated the losers’ chart among other Twelve losers.

ZENITH BANK was the toast of investors, trading shares valued at Five Hundred and Seventy-Two Point Six Million Naira in Seven Hundred and Sixty-Six Deals.

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 TODAY’S TOP GAINERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
WAPIC 0.5 0.55 0.05 10% 46 1,176,702 615,637.36
SFSREIT 62.4 68.6 6.2 9.94% 5 359,058 24,631,153.80
OANDO 3 3.29 0.29 9.97% 68 3,334,754 10,462,379
UNITYBANK 0.66 0.72 0.06 9.09% 13 525,661 375,235.43
LIVESTOCK 1.9 1.95 0.05 2.63% 32 2,456,881 4,747,563.95

 

TODAY’S TOP LOSERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
NCR 3.09 2.79 -0.3 9.71% 1 164,120 457,894.80
NEIMETH 2.09 1.9 -0.19 9.09% 4 200,933 382,312.70
VITAFOAM 7.75 7.35 -0.4 5.16% 14 347,035 2,559,127.45
MANSARD 0.99 0.94 -0.05 5.05% 54 3,443,425 3,329,333.64
NEM 2.19 2.09 -0.1 4.57% 13 556,914 2,559,127.45

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