Stock Market Extends Losses By N35bn

followed with a gain 7.69 per cent to close at 28 kobo, while Sterling Bank gained 3.42 per cent to close at N1.51, per share.

UAC of Nigeria appreciated by 3.26 per cent to close at N9.50, while Nigerian Exchange Group gained 2.69 per cent to close at N26.70, per share. On the other hand, Chams Holding Company led the losers’ chart by 8.00 per cent to close at 23 kobo, per share. Prestige Assurance followed with a decline of 7.32 per cent to close at 38 kobo, while Linkage Assurance declined by 6.82 per cent to close at 41 kobo, per share.

UACN Property Development Company shed 6.80 per cent to close at 96 kobo, while Wema Bank shed 6.05 per cent to close at N4.04, per share. Meanwhile the total volume of trades dipped by 35.14 per cent to 199.269 million units, valued at N2.814 billion, and exchanged in 3,898 deals. Transactions in the shares of Sterling Bank topped the activity chart with 31.093 million shares valued at N46.913 million. Neimeth International Pharmaceuticals followed with 20.178 million shares worth N31.676 million, while Zenith Bank traded 16.511 million shares valued at N412.519 million.

Chams Holding Company traded 16.113 million shares valued at N3.763 million, while United Capital transacted 12.760 million shares worth N185.870 million.

Who will invest in a country where there is lawlessness. We are heading to doom sir everyone is scared of injustice

Boom... they will increase their hidden taxes to recoup this gross loss 🙈🙈🙈

When an illegitimate winner is selected by INEC, the domino effect travels far and wide. Until the mandate of the people is returned, the worst is yet to come.

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