Categories: News

Nigerian Exchange sustains loss

The Nigerian equity market extended its loss on Thursday, declining 0.14% or 64.72 points to close at 47,296.07 as against 47, 369.79 recorded the previous day. 

The market capitalisation dropped N34 billion to close the day’s trading at N25,490 trillion naira compared with N25,524 trillion the previous day.

At the close of the day’s trading, investors traded 243.43 million shares with a market value of N6.9billion in 7,056 deals just as trading ended with 22 gainers and 34 losers.

Associated Bus Company was top on the gainer’s table with a gain of N0.03k and a closing price of N0.35k and it was followed by Lasaco Assurance with a gain of N0.08k and a closing price of N1.13k then Jaiz bank came third on the list with a gain of N0.04k and a closing price of N0.74k.

Conversely, CAP Plc came out last after it lost N1.95k to close at N17.55 followed by RT Briscoe which lost N0.07k to close at N0.63k and the Nigerian Exchange Group which lost N2.30k to close at N20.80k.

Transcorp Nigeria traded the highest volume of 28.2 million shares followed by MTN Nigeria with 22.7 million shares.

Felix Oloyede

Felix Oloyede is a Mass Communication graduate with 19 years experience in journalism. He has worked with TheWeek Magazine; Mirror Newspapers; West Africa BusinessNews and BusinessHallmark Newspaper. Oloyede has covered different news beats ranging from crime; arts; politics; commerce and industries to finance and economy. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School.

Recent Posts

US authorities slam Air Peace boss, Onyema, with fresh fraud charges

The Chief Executive Officer of Air Peace, Allen Onyema, has been hit with new charges…

2 years ago

Report: NUPRC has not approved $1.3bn Shell Renaissance deal

  Contrary to reports in a section of the media that the Nigerian Upstream Petroleum…

2 years ago

There’s a plan to derail Tinubu’s petroleum industry revolution

Tajudeen Suleiman It was a pleasant shock for me to read the National Bureau of…

2 years ago

NNPCL’s acquisition of OVH: Reps member, Miriam Onuoha, slams Atiku, says oil and gas sector should not be politicised

  A member of the House of Representatives, representing Isiala Mbano / Onuimo / Okigwe…

2 years ago

Fidelity Bank affirms commitment to data protection, strong corporate governance

  Leading financial institution in Nigeria, Fidelity Bank Plc, has assured its customers of unwavering…

2 years ago

NGX rates Fidelity Bank highest on corporate governance

  Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial…

2 years ago

This website uses cookies.