Market Capitalisation Sheds N463bn In Bearish Trading

Northern Nigeria Flour Mills emerged the highest price gainer of 9.96 per cent to close at N13.25, per share. Oando followed with a gain of 9.74 per cent to close at N8.45, while CWG Plc advanced by 9.00 per cent to close at N6.30, per share.

NPF Microfinance Bank increased by 8.20 per cent to close at N1.98, while R.T. Briscoe Nigeria added 7.32 per cent to close at 44 kobo, per share. On the other side, eTranzact International, NASCON Allied Industries and Secure Electronic Technology led others on the losers’ chart with 10 per cent each to close at N9.00, N52.20 and 27 kobo respectively, per share. Dangote Sugar Refinery followed with a decline of 9.98 per cent to close at N57.75, while Learn Africa shed 9.86 per cent to close at N3.29, per share.

The total volume traded increased by 7.58 per cent to 520.133 million units, valued at N8.334 billion, and exchanged in 9,914 deals. Transactions in the shares of United Bank for Africa led the activity with 73.932 million shares worth N1.050 billion. Access Holdings followed with 57.669 million shares valued at N957.324 million, while Transnational Corporation traded 52.725 million shares valued at N331.529 million.

Zenith Bank traded 43.129 million shares worth N1.523 billion, while FBN Holdings traded 26.574 million shares worth N480.793 million.

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