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NGX sells 155m shares worth N1.21bn, indices drops 0.10%

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 The Nigerian Exchange Ltd NGX on Thursday transacted 115 41 million shares worth N1 21 billion in 3 731 deals as the indices dropped by 0 1 per cent This was in contrast with 198 82 million shares valued N2 18 billion transacted in 4 769 deals on Wednesday representing 41 95 per cent Transcorp was the most active stock accounting for 12 18 million shares worth N15 12 million It was trailed by International Breweries with 7 65 million shares valued at N42 77 million while FBN Holdings sold 7 41 million shares worth N78 78 million Zenith Bank traded 6 59 million shares valued N148 27 million Sterling Bank sold 6 44 million shares worth N9 98 million The market capitalisation of listed equities decreased by N28 billion or 0 10 per cent to N27 685 trillion from N27 713 trillion recorded on Wednesday Also the NSE All Share Index depreciated by 51 25 points to close at 51 339 09 against 51 390 25 recorded on Wednesday Market breadth closed positive at a 15 stocks appreciated while 10 depreciated Academy Press led the gainers table increasing by 8 70 per cent to close at N2 25per share Regent Alliance Insurance followed with eight per cent to close at 27k while CWG added by 7 95 per cent to close at 95k per share Cutix gained by 7 27 per cent to close at N2 36 while NAHCO appreciated by five per cent to close at N8 40 per share On the other hand Champion Breweries topped the losers chart dropping by 8 74 per cent to close at N3 55 per share Ikeja Hotel trailed by dropping 7 69 per cent to close at N11 20 while International Breweries fell by 5 17 per cent to close at N5 50 per share Multiverse was down by 4 76 to close at N1 80 while Upcredit dipped by 4 17 per cent to close at N3 45 per share NewsSourceCredit NAN
NGX sells 155m shares worth N1.21bn, indices drops 0.10%

Exchange Ltd

The Nigerian  Exchange Ltd. (NGX) on Thursday transacted 115.41 million shares worth N1.21 billion in 3,731 deals as the indices dropped by 0.1 per cent.

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This was in contrast with 198.82 million shares valued N2.18 billion transacted in 4,769 deals on Wednesday, representing 41.95 per cent.

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Transcorp was the most active stock, accounting for 12.18 million shares worth N15.12 million

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International Breweries

It was trailed by International Breweries with 7.65 million shares valued at N42.77 million, while FBN Holdings sold 7.41 million shares worth N78.78 million.

Zenith Bank

Zenith Bank traded 6.59 million shares valued N148.27 million.

Sterling Bank

Sterling Bank sold 6.44 million shares worth N9.98 million.

The market capitalisation of listed equities decreased by N28 billion or 0.10 per cent to N27.685 trillion from N27,713 trillion recorded on Wednesday.

All-Share Index

Also, the NSE All-Share Index depreciated by 51.25 points to close at 51,339.09 against 51,390.25 recorded on Wednesday.

Market breadth closed positive at a 15 stocks appreciated while 10 depreciated. 

Academy Press

Academy Press  led the gainers’ table, increasing by 8.70 per cent to close at N2.25per share.

Regent Alliance Insurance

Regent Alliance Insurance followed with  eight per cent to close at 27k, while CWG added  by 7.95 per cent to close at 95k per share.

Cutix gained by 7.27 per cent to close at N2.36 while NAHCO appreciated by five per cent to close at N8.40 per share.

Champion Breweries

On the other hand, Champion Breweries topped the losers’ chart, dropping by 8.74 per cent to close at N3.55 per share.

International Breweries

Ikeja Hotel  trailed  by dropping 7.69 per cent  to close at N11.20 , while International Breweries fell by  5.17 per cent to close at N5.50 per share.

Multiverse was down by 4.76 to close at N1.80, while Upcredit dipped by 4.17 per cent to close at N3.45 per share.

NewsSourceCredit: NAN

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