NSE: Investors gain N150bn. Cutix, Okomu Oil among top gainers | Ripples Nigeria
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NSE: Investors gain N150bn. Cutix, Okomu Oil among top gainers



Trading ended on the floor of the Nigerian Stock Exchange (NSE) on Wednesday with the equity capitalisation standing at N20.41 trillion.

This was N150 billion or 0.74 percent higher than the N20.26 trillion reported by the bourse on Tuesday.

The All Share Index also increased from 38,881.7 to 39,170.95 ASI at the close of business on Wednesday.

Investors traded 181.52 million shares valued at N3.95 billion in 3,217 deals today.

This was lower than the 218.51 million shares valued at N1.59 billion that exchanged hands in 3,630 deals the previous day.

Cutix led the gainers’ chart after gaining N0.23kobo to move from N2.30kobo to N2.53kobo per share.

Okomu Oil gained 9.75 percent during trading to increase its share price from N106.15kobo to N116.50kobo per share.

Union Bank share price rose by 9.43 percent to end trading at N5.80kobo from N5.30kobo per share.

Honeywell share price was up by N0.10kobo to move from N1.16kobo to N1.26kobo per share at the end of trading.

Associated Bus Company share price increased by 8.11 percent to end trading with N0.40kobo from N0.37kobo per share.

Sovereign Insurance topped the losers’ chart after shedding 3.57 percent in share price to drop from N0.28kobo to N0.27kobo per share.

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Jaiz Bank share price declined from N0.59kobo to N0.57kobo per share following a loss of 3.39 percent in its share price.

FCMB share price plunged by 1.59 percent to end trading at N3.10kobo from N3.15kobo per share.

First Bank share price declined from N7.30kobo to N7.20kobo per share after losing 1.37 percent in share price during trading.

Sterling Bank completed the list as its share price fell by 1.23 percent to end trading at N1.60kobo from N1.62kobo per share.

Zenith Bank was the most active stock as investors traded 20.75 million shares worth N476.12 million.

Sterling Bank shares were traded at a volume of 19.37 million and valued at N31 million.

GTBank was next with 15.11 million shares traded at a cost of N432.81 million.

First Bank reported 11.58 million shares worth N83.87 million while Fidelity Bank recorded over 11.30 million traded shares at a value of N25.49 million.

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