NSE: Investors Lose N15.19bn In Stock Market

NSE
NSE
  • Investors

Investors lose over N15.19 billion at the close of trading on the floor of the Nigeria Stock Exchange (NSE) on Wednesday.

The equity capitalisation closed at N21.16 trillion, lower than the N21.18 trillion the market closed with on Tuesday.

The All Share Index (ASI) dipped by 29.03 basis points to end trade at 40,465.32 ASI on Wednesday, below the 40,494.35 for Tuesday.

Read Also: NSE Market Capitalisation Loses N426bn

According to activities at the NSE monitored by Ripples Nigeria, the volume of shares traded declined as investors traded 244.20 million shares on Wednesday.

However, this was below the 356.43 million shares traded the previous day.

Also, the number of deals sealed by investors plunged to 4,083 at the close of market on Wednesday, below the 5,040 deals secured on Tuesday.

Value of shares was not left out as NSE reported that it decreased from N5.76billion to N2.65 billion on Wednesday.

Meanwhile, at the capital market today, Julius Berger rose to the top gainers’ chart after gaining N1.8kobo to close at N20.3kobo against the N18.5kobo it opened with.

Living Trust came second with N0.68kobo as its share price moved upward from N0.62kobo following N0.68kobo gain in share price.

Honeywell Flour followed after closing the market with N1.37kobo, rising from the opening price of N1.25kobo per share after recording N0.12kobo gain.

Cornerstone share price rose by 9.26% to move to N0.59kobo from the opening trade of N0.54kobo.

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Grace Ihesiulo
Grace is a prolific writer, a Broadcast journalist and a voice over specialist.