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NSE: Sterling Bank, Zenith, UBA lead losers as bearish run continues

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Wednesday, the Nigerian bourse recorded a negative market breadth for the third time this week as the key performance indicators went lower. The All Share Index (ASI) declined by 0.02 to close at 26,938.58 just as the market capitalisation fell to N13.002 trillion. Year to date, the index is down by 14.29%

TOP 5 GAINERS

Unilever topped the gainers’ chart Wednesday as it climbed up to N18.9 after recording a 2.44% gain. CCNN advanced by 1.05% to close trade at N19.2. May Baker added up 9.74% to end the day at N2.14. Africa Prudential Plc inched up by 2.94%, closing at N4.2. FBN Holding completed the top five pack with 1.49% appreciation, which made it close N6.8.

TOP 5 LOSERS

Sterling Bank led the five-man gang of blue chip losers, sliding by 6.34% to end Wednesday trade at N1.92. Zenith Bank finished at N18.7, depreciating by 0.53%. UBA shed 1.42% to close at N6.95. Oando lost 2.16% in value, which made it close at N3.62. NAHCO declined to N2.43, losing 2.89% in the process.

READ ALSO: Aiteo says it lost 4m barrels from oil theft in 2019

TOP 5 TRADES

112.886 million shares worth N1.077 billion were traded at the Wednesday session. Zenith Bank shares were the toast of investors with 15.860 million units valued at N296.862 million traded in 369 deals. FCMB traded 15.169 million shares priced at N26.987 million in 143 transactions. UBA had 12.962 million units of its shares estimated at N90.665 million exchange hands in 172 deals. Fidelity Bank traded 7.447 million shares worth N14.985 million in 75 transactions. 6.086 million units of GTB shares valued at N183.975 million were traded in 169 deals.

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