Nigerian stock market slipped back to bearish territory with the market’s equity capitalisation dropping from N20.66 trillion to N20.54 trillion at the close of trading on Tuesday.
The All- Share Index also declined by 0.57 percent and dropped from 39,493.37 to 39,267.11 on Tuesday.
At least 336.12 million shares worth N3.26 billion were traded in 4.394 deals on Tuesday.
However, this was lower than 522.17 million shares valued at N10.65 billion that exchanged hands in 4,566 deals the previous day.
Livestock topped the gainers’ chart after its share price rose by 9.66 percent to move from N1.76kobo to N1.93kobo per share.
Courtville gained 9.09 percent during trading and increased its share price from N0.22kobo to N0.24kobo per share.
Cornerstone’s share price increased by 9.09 percent and ended trading at N0.60kobo from N0.55kobo per share.
NPF Microfinance’s share price rose by N0.15kobo to move from N1.8kobo to N1.95kobo per share at the close of trading.
Royal Exchange’s share price rose by 7.69 percent to end trade with N0.28kobo from N0.26kobo per share.
Regalins topped the losers’ chart after shedding 9.09 percent of its share price and slipped from N0.33 kobo to N0.3kobo per share at the close of trading.
Prestige’s share price declined from N0.45kobo to N0.41kobo per share following a loss of 8.89 percent in its share price.
Daar Comm’s share price plunged by 8 percent to end trading at N0.23kobo from N0.25kobo per share.
Ecobank share price declined from N5.3kobo to N5.05kobo per share after losing N0.25kobo in share price during trading.
Sovereign Insurance completed the list as its share price fell by 4.17 percent to end trading at N0.23kobo from N0.24kobo per share.
Union Bank was the most active stock on Tuesday as investors traded 78.88 million shares worth N418.13 billion.
Courtville’s shares were traded at a volume of 43.90 million and valued at N10.53 million.
GTBank was next with 28.97 million shares traded at a cost of N955.08 million.
Zenith Bank reported 24.90 million shares worth N560.46 million, while Transcorp recorded over 22.62 million traded shares at a value of N17.96 million.
Join the conversation
INVESTIGATION….N.3bn down the drain: Why water projects for Enugu communities don’t work
In this concluding part, ARINZE CHIJIOKE talks about some of the projects that are serving the people and how various WASH programmes have failed to tackle...
INVESTIGATION…PARKVIEW ESTATE: Exclusive images of how billionaire property developer incurred Lagos govt‘s anger
Many have seen the demolished building, but not many know the circumstances that led to the teardown of the about...
INVESTIGATION… N.3bn down the drain, as Enugu communities suffer from dry taps
In November 2020, three organizations and the Enugu State government celebrated the completion of N300 million worth of projects that were expected...
INVESTIGATION… How herdsmen crisis compounds woes of already deprived Ogun communities
Earlier in January, the Nigerian media space was awash with reports of violence between herders and farmers across the country....
Investigation… Inside Enugu markets where traders are choked by multiple taxes
In recent times, the world economy has developed tremendously and this is partly linked with activities of petty traders who...
Man City emerge Premier League champions after Man Utd defeat
Manchester City have emerged champions of the English Premier League for the third time in four seasons after results went...
Nadal unsure of Tokyo Olympics participation as Osaka calls for cancellation
Top tennis players are beginning to join calls for the cancellation of the Tokyo Olympic Games, while some others are...
Portugal could host Chelsea vs Man City Champions League final
The 2021 UEFA Champions League final between Chelsea and Manchester City is likely to be held in Portugal. This was...
Aina, Maja’s Fulham relegated from Premier League
Super Eagles duo of Ola Aina and Josh Maja could not help Fulham avoid a drop from topflight football as...
Ajayi’s West Brom relegated from Premier League
Super Eagles defender, Semi Ajayi and his West Brom teammates have been relegated from the English Premier League. The club...
Latest Tech News
GirlCode partners Amazon to upskill unemployed women. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. GirlCode partners Amazon...
SpaceX to launch lunar mission funded with crypto. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. SpaceX to launch...
TechNigeria: A weekly digest of what went down in Nigeria’s tech space
It’s Saturday, again. Welcome to your favourite tech update column. Trust me to take you on a ride to catch...
Paystack launches venture in South Africa. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Paystack launches venture...
Ex-US President, Trump, launches self-hosted “Twitter”. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Donald Trump launches...
Nigerian govt signs MoU for nationwide deployment of 5G services
The Federal Government has signed a Memorandum of Understanding (MoU) to begin the deployment of the Fifth Generation (5G) services...