NSE: Investors lost N41.3 billion as the market could not sustain yesterday’s positive run.
At the close of trading on the floor of the Nigerian Stock Exchange on Tuesday, investors lost forty-one point three billion naira, as All Share Index dipped by zero point one nine percent.
The market could not sustain yesterday’s positive run.
The equity capitalization fell to twenty-one point one-eight percent, from twenty –one point two-two trillion, a forty-one point three-billion-naira loss.
The All Share Index consequently closed red, spotting at forty thousand, four hundred and ninety-four point three –five points from forty thousand, five hundred and seventy-three point three -one points at the close of trading on Monday. This was a zero point one- nine percent fall.
However, the number of shares that exchanged hands rose to three hundred and fifty –six point four three million from two hundred and six point two-four million, a seventy-two point eight two percent rise.
The value also went up from two point one-six billion naira traded on Monday to five point seven-six billion naira on Tuesday. This was a one hundred and sixty-six percent increase.
The gainers equaled the losers, as there were twenty-two gainers and also twenty-two losers.
LEARN AFRICA PLC was the highest gainer while UPDC REAL ESTATE INVESTMENT TRUST and CORNERS STONE INSURANCE led the laggards.
The shares of ZENNITH BANK and GUARANTY TRUST BANK were on the lead on the activity chat.
ZENITH BANK transacted twenty-five point nine million shares valued at six hundred and fifty-two point six million naira in five hundred and fifteen deals, while guaranty trust bank traded forty-six point one million shares, in a three hundred and ninety deals.
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