Trade in the equity segment of the Nigerian Stock Exchange (NSE) ended in the red on Tuesday, the first time in four days, with major bank stocks including FBN Holdings, GTB, Zenith, Stanbic and Access at the forefront of activity.
Profit-taking in Seplat and Conoil made the Oil and Gas Index the worst performer of the 5 sectors assessed as it went down by 1.16% to 189.39 points.
Market breadth was negative with 15 losers emerging against 13 gainers.
The All Share Index (ASI) closed at 25,597.96 basis points while market capitalisation slipped to N13.354 trillion.
Year to date, the index is down by 4.63%.
TOP 5 GAINERS
Ikeja Hotel led gainers, appreciating by 9.52% to close at N0.92. UACN Property added 9.20% to end today’s trade at N0.95. Cornerstone advanced by 6.45% to N0.66. Japaul rose to N0.21, notching up 5% in the process. WAPCO completed the top 5, climbing up by 3.45% to N13.50.
TOP 5 LOSERS
NPF Microfinance Bank topped the losers’ chart today, declining by 9.42% to close at N1.25. Union Diagnostic shed 7.41% to end today’s trade at N0.25. Red Star Express fell to N3.52, losing 6.13%. NAHCO slumped to N2, recording 6.10% depreciation. Oando closed at N5.46, going down by 2.25%.
TOP 5 TRADES
245.139 million shares valued at N3.013 billion were traded today in 3,597 deals.
FBN Holdings was the most active stock with 51.440 million of its stocks worth N257.447 million traded in 186 deals. 46.291 million units of GTB’s shares priced at N1.160 billion exchanged hands in 270 transactions. Zenith had 18.778 million shares valued at N322.418 million traded in 411 deals. Stanbic traded 15.949 million shares estimated at N629.966 million in 40 transactions. Access traded 14.227 million shares valued at N95.782 billion in 183 deals.
Join the conversation
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...
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....