Ardova Plc rebounded after previous day loss to lead the top gainers chart at close of market on Wednesday. The Nigerian Stock Exchange closed trading with a market capitalisation of N21.97 trillion.
The capital market’s All Share Index dropped to 42,000.01 against the 42,043.79 ASI the Nigerian bourse closed yesterday – this shows the total market share value dipped by 43.78 basis point.
The number of deals traded today at the bourse declined as well, as traded by the stock market investors was placed 5,887, way below the 7,110 deals investors traded at Tuesday’s market.
Volume of shares also nosedived, showing the dampening mood of investors at the trade today. Data from NSE disclosed that volume of shares traded was 504.83 million, falling short of the 556.02 million shares that passed among investors during the previous day trade.
According to data obtained from NSE, Ardova led the gainers’ chart in price change, rising by N0.85kobo to N18 from N17.15kobo at the end of trading today.
Zenith Bank followed with N16.95kobo following a gain of N0.65kobo after opening trade at N26.3kobo.
Eternal was third on the gainers’ list with a gain of N0.4kobo to end trading at N5.6kobo from N5.2kobo.
Unilever came next after closing the market with N14.6kobo, rising by N0.4kobo from the opening price of N14.2kobo per share.
NCR completed the top five with N3.43kobo per share, after gaining N0.31kobo to move from N3.12kobo.
Meanwhile, on the Losers table, Flour Mill led the way after shielding N1 from the N33 it opened with, to close the market with N32 per share.
GTBank also made the list after its share price dropped to N33.05 from N33.75kobo, following a lose of N0.7kobo in its share price.
Wapco lost N0.45kobo to secure the third spot on the losers’ table. The company closed the market with N27.55kobo, below the N28 per share it opened with.
Champion Brew’s share price declined to N3.39kobo per share from N3.76kobo after shielding N0.37kobo at the close of market.
Ecobank also joined the losers’ table as its share price lost N0.3kobo to end trading with N5.9kobo after opening the market with N6.2kobo per share.
For the most traded shares in the market today, Union Bank of Nigeria drove the markets share volume as investors traded 75.55 million shares at a value of N434.42 million.
GTBank was the second most traded at over 60.66 million shares worth N2.01 billion, while FCMB was next with 50.40 million shares at the cost of N173.54 million.
Trancorp traded 44.35 million shares at a value of N45.91 million and Zenith Bank traded 31.50 million shares worth N831.98 million.
Join the conversation
Join the conversation
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...
SPECIAL REPORT: How flood-ravaged farmlands in Anambra threaten food production
Increased rainfall, as a result of climate change, has impacted negatively on many parts of the world. In Anambra State,...
INVESTIGATION… How NDDC spent N2bn on abandoned, non-existent road projects in Edo communities
In 2014, the Niger Delta Development Commission (NDDC) awarded 10 road projects worth over N2 billion in various communities in...
INVESTIGATION… Inside NDDC’s abandoned, poorly executed road projects dotting Abia communities (concluded)
In this concluding part, ARINZE CHIJIOKE discovers that apart from the Obohia-Ohuru-Aba Road, there are similar projects initiated by the NDDC in Abia State which...
PSG end Bayern Munich reign, Chelsea survive Porto scare in UCL
French giants, Paris Saint Germain on Tuesday night eliminated the defending champion Bayern Munich from this season’s UEFA Champions League...
Team Ogun attacks officials after unexpected defeat at Sports festival
In what looked like planned violence, supporters, officials, and boxers of Team Ogun went berserk after a decision went against...
Sports Minister charges federations to ‘think outside the box’ to attract sponsors
The Minister of Youth and Sports Development, Sunday Dare, has stressed the need for the various federations to think outside...
Man United end Tottenham top four hope in bruising encounter
Manchester United secured a come from behind 3-1 victory over Tottenham Hotspur in the English Premier League game played in...
In-form Iheanacho scores brace as Nigerians shine in Europe
Nigerians were in blistering form for their various European clubs at the weekend with the quintet of Kelechi Iheanacho, Simeon...
Latest Tech News
Nigeria’s ShortLet adapts AI to improve business model. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Nigeria’s ShortLet adapts...
Nigeria’s ScholarX partners Airtel on new product. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Nigeria’s ScholarX partners...
Twitter to open first African office in Ghana
Twitter has picked Ghana as location for its office in Africa. The company disclosed this in a brief statement on...
Kenyan fintech, Tanda, closes funding to expand portfolio. 2 other things and a trivia
This line-up of stories will help you discover the latest happenings around the tech world, today. 1. Kenyan fintech Tanda...
P+ rolls out media intelligence solution for PR measurement
P+ Measurement Services, a Nigerian Independent Public Relations (PR) measurement and evaluation agency, has introduced “Get-Reports” a product that allows...
TechNigeria: A weekly digest of what went down in Nigeria’s tech space
Nigerian tech players continue to prove to the world the smartness in their vision to take on the world, winning...