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Investors Lose N26.37 Billion As Nigerian Stock Market Continues Tanking - Business - Nairaland

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Investors Lose N26.37 Billion As Nigerian Stock Market Continues Tanking by MyVc: 9:34am On May 10, 2019
The Nigerian Stock Exchange ended Thursday's tradings bearish. The All Share-Index shed 0.24 percent to close at 28,896.25 basis points. Year-to-Date the NSEASI was down by 8.06%.

The market Equity Capitalization closed at 10.860 trillion as against N10.935 trillion the previous day. The NSE Equity Capatilazion fell by N26.37 billion in today's tradings.  The market breadth closed with 8 gainers and 19 blue-chips losers.

Veritas Kapital Assurance Plc was the best-performed stock in today's tradings. The stock appreciated by 10% to close at 22 Kobo. Axa Mansard Health Insurance went up by 5.41% to close at N1.95.

FCMB was the best performing financial stock for the day. The stock went up by 5% to close at N1.89. Regency Alliance Insurance Plc appreciated by 4% to close at 26 Kobo. Africa Prudential Plc completes the top five gainers for the day. The stock increased by 3.15% to close at N3.93.

Japaul Oil was the worst performed stock for the day. The stock declined by 10% to close at 27 Kobo. Caverton Offshore Supports Group Plc went down by 9.96% to close at N2.44.

Neimeth Int'l Pharmaceuticals Plc declined by 9.84% to close at 55 Kobo. Chams Plc shed 8.33% to close at 44 Kobo. AG Leventis (Nig) Plc completes the top five losers chart for the day. The stock declined by 7.69% to close at 24 Kobo. Access Bank led the top five traded stocks for the day.

Access Bank traded 40.7 million units valued at N283.4 million. Sterling Bank sold 23.7 million units valued at N63.9 million. Lasaco Assurance Plc rounded the top five traded stocks for the day. The stock traded 10.7 million units worth N3.2 million. Zenith Bank and Guaranty Trust Bank were the top traded stocks by value.

Zenith Bank transacted 28.6 million units of its shares worth N576.4 million. Guaranty Bank Plc ranked in N414.7 million from 12.7 million shares sold.

Lasaco Assurance Plc rounded up the top five traded stocks by volume for the day. The stock traded 10.7 million units worth N3.2 million.

 Source: https://businesshournigeria.com/access-bank-lead…-closes-negative/

CC: Lalasticala, Mynd44, Dominique.

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