Nigerian stocks shed N94.8 billion as investors’ risk aversion haunts market further

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Year to date, the index is up 15.6 per cent.

Jaiz was the most profitable stock led, appreciating by 5.95 per cent to N0.89. AIICO went up by 3.64 per cent to N0.57. Academy rose to N2.08, notching up 1.96 per cent. Dangote Sugar added 1.88 per cent to end the trade at N16.30. UPDC REIT completed the top 5, climbing by 1.56 per cent to N3.25.UPL was the worst performing stock, dropping 9.95 per cent to close at N1.72. Industrial & Medical Gases shed 9.70 per cent to close at N7.45. Japaul Gold fell to N0.29, losing 9.38 per cent.

UBA had 9.3 million shares valued at N65.5 million traded in 143 deals. GTCO traded 8.9 million shares estimated at N181.2 million in 244 transactions. Zenith Bank traded 7.1 million shares valued at N155.1 million in 198 deals.

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