Stocks News

NGX bearish wander continues with N97.57 billion loss

Nascon led the gainers’ record on Friday, with UAC Nigeria topping the losers’ desk, as the stock market valuation depreciated by 0.28 per cent, extending its bearish wander, which started on Wednesday.

In conserving with stock market info released by the Nigerian Trade Restricted (NGX), the market capitalisation sheds N97.57 billion to resolve at N34.06 trillion, from N34.16 trillion.

The All-Portion Index fell to 62,569.73 ASI, from 62,748.94 ASI, as it lost 179.21 basis aspects.

At the kill of today time’s session, over 600.forty eight billion shares were traded in 9,554 offers, valued at N8.82 billion, falling brief of the N10.44 billion spent on Thursday for 798.46 million shares in 10,296 offers.

Nascon topped the gainers’ record after its share price rose by N2.55 kobo to kill buying and selling at N25.50 kobo from N1.50 kobo per share.

John Holt won N0.16 kobo to pass from N1.65 kobo to N1.81 kobo per share.

Skyway Aviation won N1.30 kobo to cease at N14.75 kobo, above its opening mark of N13.forty five kobo per share.

TIP’s share mark used to be up by 8.93 per cent, shifting from N0.56 kobo to N0.61 kobo per share.

Guinea Insurance coverage recorded an 8 per cent upward push in share mark, appreciating from N0.25 kobo to N0.27 kobo per share.

UAC Nigeria topped the losers’ desk after shedding N1 to tumble from N10 to N9 per share.

READ ALSO: NGX: Merchants lose N883.3BN to selloffs in FBN Holdings, Tantalizer, others

Champion Brew’s share mark dropped by N0.35 kobo to kill buying and selling at N3.15 kobo from N3.50 kobo per share.

Wema Monetary institution lost N0.forty five kobo to kill buying and selling with N4.05 from N4.50 kobo per share.

Flour Mill’s share dropped from N34 to N30.60 kobo per share after losing N3.40 kobo at some stage in buying and selling.

McNichols lost 10 per cent, losing from N0.70 kobo to N0.63 kobo per share.

Access Corporation led the day’s buying and selling with 94.16 million shares valued at N1.42 billion.

UBA followed with 54.11 million shares price N669.33 million.

Constancy Monetary institution supplied forty eight.69 million shares price N318.85 million.

Zenith Monetary institution traded 36.42 million shares valued at N1.14 billion, while Transcorp supplied 36.42 million shares valued at N116.73 million.

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