Bear Resurfaces As Equities Market Lose N47bn

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Bear Resurfaces As Equities Market Lose N47bn Business

International Energy Insurance appreciated by 7.89 per cent to close at 41 kobo, while Mutual Benefits Assurance gained 6.67 per cent to close at 32 kobo, per share.On the other hand, FTN Cocoa Processors led the losers’ chart by 6.67 per cent to close at 28 kobo, per share. Associated Bus Company followed with a decline of 6.45 per cent to close at 29 kobo, while Livestock Feeds shed 5.00 per cent to close at N1.14, per share.

Regency Alliance Insurance shed 3.57 per cent to close at 27 kobo, while Oando depreciated by 3.51 per cent to close at N3.85, per share.Meanwhile the total volume of trades declined by 4.61 per cent to 217.946 million units, valued at N4.472 billion, and exchanged in 3,377 deals. Transactions in the shares of Sterling Bank topped the activity chart with 94.270 million shares valued at N145.519 million. Zenith Bank followed with 16.919 million shares worth N416.080 million, while Guaranty Trust Holding Company traded 13.162 million shares valued at N320.144 million.

Geregu Power traded 10.101 million shares valued at N1.353 billion, while Access Holdings transacted 9.131 million shares worth N82.207 million.

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