HomeBUSINESSNSE: Market Capitalization sheds N9.36 Billion on Tuesday, after a N178.1 Billion gain on Monday

NSE: Market Capitalization sheds N9.36 Billion on Tuesday, after a N178.1 Billion gain on Monday

 

Trading on the floor of the Nigerian Stock Exchange closed negative, with investor losing Nine Point Three-Six Billion naira after a one hundred and Seventy-Eight point one billion naira gain on Monday.

The equity capitalization on Monday rose to Twenty Point Two-Five Trillion naira, from Twenty trillion traded on Friday, but fell on Tuesday to Twenty Point Two-Five Trillion naira .

The loss was driven by a fall in the share prices of ZENNIT BANK, DANGOTE SUGAR and TRANSCORP with Fifty Kobo, Ten Naira and Two Kobo losses on their share prices.

The All Share Index consequently closed at Thirty-Eight Thousand, Seven Hundred and Four Point Nine-Seven points from Thirty-Eight Thousand, Seven hundred and twenty-Two point Eight-Seven.

The volume of traded stocks rose from Two Hundred and Seventy-Seven Point Two-Three Million to four Hundred and Ten Point Three Eight.

The value similarly rose to Five Point Nine-Eight Billion naira from Three Billion naira traded on Monday.

ZENITH BANK and GUARANTY TRUST BANK were the Investors delight in recording Five Hundred and Thirty-Four and Four Hundred and Thirty-Five deals respectively.

In volume and turnover, DANGOTE SUGAR traded the highest volume of shares, trading over One Hundred and Seven Million Shares valued at One Point Eight Billion naira.

There were Twenty gainers and Twenty losers at the close of trading

CAP PLC was the highest gainer while LIVESTOCK FEEDS PLC led the loser’s side.

TODAY’S TOP GAINERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
CAP 20 22 2 10% 99 2,387,055 52,323,948.80
WAPIC 0.5 0.55 0.05 10% 29 2,640,176 1,431,038.86
NPFMCRFBK 1.61 1.77 0.16 9.94% 10 364,770 645,642.90
JBERGER 18.7 20.55 1.85 9.89% 64 1,380,757 28,033,147.50
FTNCOCOA{RST} 0.43 0.47 0.04 9.30% 14 1,391,165 633,457.55

 

TODAY’S TOP LOSERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
LIVESTOCK 2.1 1.9 -0.2 9.52% 37 1,159,640 2,244,425.56
CHAMS 0.23 0.21 -0.02 8.70% 13 1,300,835 274,816.55
CORNERST 0.6 0.56 -0.04 6.67% 5 204,359 114,505.52
CHAMPION{BLS} 2.24 2.1 -0.14 6.25% 43 1,878,366 3,929,015.70
ETI 5.1 4.8 -0.3 5.88% 130 5,256,000 25,401,773.30

 

 

Share this story
No comments

Leave a Reply

Daily Updates

Subscribe to get news updates