Stock Market Sheds N16bn

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Stock Market Sheds N16bn Business

Meanwhile, market breadth, which is measured by market sentiment, was positive, as 19 stocks gained relative to 14 losers. Access Holdings recorded the highest price gain of 7.14 per cent to close at N9.00, per share. Cutix followed with a gain of 5.69 per cent to close at N2.23, while University Press appreciated by 5.53 per cent to close at N2.10, per share.Custodian Investment went up by 5.17 per cent to close at N6.10, while Chams Holding Company appreciated by 4.

52 to close at N36.50, per share.Multiverse Mining and Exploration lost 5.80 per cent to close at N3.25, while Livestock Feeds shed 5.50 per cent to close at N1.03, per share.The total volume traded went up by 646.50 per cent to 1.172 billion units, valued at N2.877 billion, and exchanged in 3,066 deals.Transactions in the shares of Neimeth Pharmaceutical topped the activity chart with 1.069 billion shares valued at N1.581 billion. United Bank for Africa followed with 15.

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