Friday, March 29, 2024

NSE: the floor of the Nigerian Stock Exchange closed red on Friday with investors losing N300.5 billion naira

Transactions on the floor of the Nigerian Stock Exchange closed red on Friday with investors losing three hundred point five –two billion naira after a one hundred and sixty-six point five billion naira gain on Thursday.
The equity capitalization rose from twenty-one point four -five trillion naira to twenty-one point one trillion, a three hundred point five –two-billion-naira loss.
The All Share Index also closed red, falling from forty-one thousand, fourteen point three points on Thursday, to forty-one thousand four hundred and thirty point eight-five points on Friday.
The number of traded stocks fell to three hundred and ninety –five point six million from one point two billion traded on Thursday, a sixty-eight point nine-five percent fall.
The value similarly plunged by eighteen point six-three percent. This was a decrease from six point three billion naira on Thursday, to five point one billion naira on Friday.
The bulls still dominated the floor, recording thirty-two gainers against only seven losers at the close of trading.
UNITED CAPITAL PLC was the highest gainer, while LIVESTOCK FEEDS PLC led the losers’ side.
Other gainers include UNITY BANK, AFRICA INSURANCE and JAPAUL GOLD PLC having over nine percent fall on their share prices.
The shares of ZENNITH BANK and GUARANTY TRUST BANK were the most traded, trading shares valued at one point three billion naira and one point two billion naira respective.
ACCESS BANK, UBA, DANGOTE SUGAR, WAPCO and FIRST BANK HOLDING PLC were other companies that traded high volume of shares.

Advertisement

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Latest Articles