Friday, March 29, 2024

NSE: The bears dominate, as investors N50.825 billion on Friday.

 

The bears dominated the floor of the Nigerian Stock Exchange at the close of business on Friday.

There were twenty gainers and thirty-four losers.

Consequently, the Equity capitalization shed fifty point eight- two- five billion naira, a fall from twenty-one point four-nine-nine trillion naira traded on Thursday, to twenty-one point four-four-eight trillion on Friday.

All Share Index also fell from Forty-One Thousand, one Point nine-nine points from forty-one Point ninety-nine point one-five, a zero point two–four percent decline.

The number of shares that was traded on the floor was Five Hundred, and ninety-one Point four-five-nine valued at five Point seven-two billion naira.

LIVESTOCK FEEDS PLC, MUTUAL BENEFIT ASSURANCE PLC, CORNER STONE INSURANCE PLC and NIGERINS PLC, shed ten per cent on their share prices to dominate the losers chart.

CUTIX was the most gainer among other the twenty gainers on the floor.

On the performance side, TRANSCORP AND ZENITH STOCKS WERE the most traded.

TRANSCORP PLC Traded one hundred and sixty –nine point two-seven-five million shares in a four hundred and ninety-three deals.

And ZENITH transacted twenty-five point seven-0ne –two million shares in a three seventy-five deals

TODAY’S TOP GAINERS

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Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
NCR 2.84 3.12 0.28 9.86% 5 204,769 637,529.28
CUTIX 2.06 2.26 0.02 9.71% 23 687,300 1,499,586.38
CHAMOPION 1.78 1.95 0.17 9.55% 12 645,400 1,258,530.00
MULTIVERSE 0.22 0.24 0.02 9.09% 12 686,996 161,139.12
RTBRISCOE 0.2 0.21 0.01 5% 28 3,000,876 627,737.75

 

TODAY’S TOP LOSERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
LIVESTOCK 2.8 2.52 -0.14 10% 30 2,924,914 3,855,532.86
MBENEFIT 0.5 0.45 -0.05 10% 16 16,156,958 4,570,931.10
CORNERST 0.8 0.72 -0.08 10% 3 300,00 216,000.00
NIGERINS 0.3 0.27 -0.03 10% 11 1,656,370 1,564,557.90
CHIPLC 0.41 0.37 -0.04 9.76% 13 2,263,000 837,410.00

 

 

 

 

 

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