Nigerian stock market down 0.19%

by Bunmi Banjo

April 20, 2017 | 5:06 pm
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The Nigerian stock market closed south Thursday with the All-Share Index losing 0.19 percent. The Index lost 49.02 points or 0.19 percent to close at 25,282.75 points compared with 25,331.77 points recorded the preceding trading day.
Also, the market capitalisation, which opened at N8.765 trillion, dipped N16 billion to close at N8.749 trillion. The markets Year-to-Date (YtD) returns stood yesterday at -5.90 percent.
Top on the list of losers today are Okomu Oil Palm Plc, UAC of Nigeria Plc, GTBank Plc, and NEM Insurance Plc
Okomu Oil Palm Plc lost N2.49, from N49.88 to N47.39; UAC of Nigeria Plc lost 68kobo, from N14.6 to N13.92.
GTBank Plc lost 23kobo, from N24.83 to N24.6. NEM Insurance Plc lost 2kobo, from N      0.82 to N0.8. On the gainers table, Transnational Corporation of Nigeria Plc gained most by 1kobo, after rising from N0.89 to N0.9. It was followed by Diamond Bank Plc which added 1kobo, from N0.85 to N0.86.
Actively traded stocks on the local bourse included GTBank Plc, FBN Holdings Plc, Diamond Bank Plc, Transcorp Plc, and Fidelity Bank Plc. Stock traders exchanged 6.080 million units of GTBank Plc valued at N149.576 million; and 5.442 million units of FBN Holdings Plc valued at N19.994 million. Also exchanged were 3.510 million units of Diamond Bank Plc stocks valued at N2.94 million; Transcorp’s 2.601 million units worth N2.382 million and Fidelity Bank Plc’s 600,000 units valued at N490,000.
In all, the volume of shares traded closed lower as investors bought and sold 147.88 million shares valued at N 836.84 million exchanged in 2,578 deals.
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by Bunmi Banjo

April 20, 2017 | 5:06 pm
12893  |   93   |   0  |   Start Conversation

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