Nigerian stocks halt run of big slides as sell-offs in mega-cap shares ease

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The all-share index grew 14.1 basis points to 44,332.2, while market capitalisation marginally climbed to N24.1 trillion.

the high recorded on 27 May.CWG appreciated by 9.6 per cent to close at N0.80. UPDC enlarged by 8.9 per cent to end trade at N3.05. Japaul Gold rose to N0.28, notching up 7.7 per cent in the process. WAPIC went up by 5.9 per cent to N0.36. Dangote Sugar completed the top 5, climbing by 3.92 per cent to N15.9.Beta Glass led losers, declining by 9.98 per cent to close at N41.50. Aluminium Extrusion shed 9.7 per cent to end trade at N6.50.Mutual Benefits fell to N0.28, losing 9.68 per cent.

Japaul Gold had 6.8 million shares valued at N1.9 million traded in 26 deals. Jaiz traded 4.4 million shares estimated at N3.9 million in 45 transactions. Access Holdings traded 4.4 million shares valued at N35.4 million in 126 deals.

 

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Nigerian stocks crash to nine-month low as investors expect Q3 resultsThe telecom operator has shed more than N2 trillion in market value in less than two weeks, having seen a number of sell-offs. It beggars belief that with the severity and numeracy of failings associated with the APC government catalyzed by previous PDP woeful administrations, Nigerians are shamelessly gearing up to vote either party's candidate. God, please intervene now and save the country.
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