News Formal

Nigerian stocks extend loss as sell pressure weighs on consumer goods shares

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 78%

United States News News

United States United States Latest News,United States United States Headlines

Profit-taking in the shares of Honeywell Flour, Nigerian Breweries, UACN and Dangote Sugar set Wednesday’s slide in motion.

AIICO led gainers, appreciating by 4.04 per cent to close at N1.03. Custodian added 3.15 per cent to end trade at N6.55.

Chams went up 6.25 per cent to N2.80. Fidelity rose to N2.41, notching up 2.55 per cent. AIICO completed the top 5, climbing by 0.95 per cent to N2.13.FTN Cocoa declined by 8.77 per cent to close at N0.52. Morison fell to N1.92, losing 5.42 per cent. UPDC dipped to N1.77, recording 4.84 per cent depreciation. Jaiz shed 4.76 per cent to close at N0.60. Wema closed at N0.82, going down by 4.65 per cent.Transcorp was the most active stock with 28.5 million units of its shares worth N25.8 million traded in 124 deals. Zenith transacted 16.6 million shares priced at N39.8 million in 327 trades.

Honeywell traded 13.2 million shares estimated at N54.9 million in 298 transactions. UCAP traded 12.8 million shares valued at N91.4 million in 99 deals. Mutual Benefits had 8.3 million shares valued at N2.5 million traded in 20 deals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigerian stocks fall after sell-offs in industrial goods, energy sharesOando, Champion Breweries, Dangote Cement and Zenith led the retreat.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nigerian stocks deepen loss as investor sentiment worsensBeer maker Nigerian Breweries, Zenith, Fidelity and Champion Breweries contributed the most to the slide......................
Source: PremiumTimesng - 🏆 3. / 78 Read more »