November 29, 2022

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Fairness market depletes by N426bn


Transactions on the ground of Nigerian Change sustained declining profile, shedding N426 billion as revenue taking persist out there.

Market capitalisation of listed equities declined by 1.59 per cent to N26.188 trillion from N26.614 trillion reported on Monday.

The NGX All Share Index additionally depreciated by 789.91 foundation factors to 48554.76 factors from 49344.67 factors reported the day before today.

Traders traded 204.153 million shares valued at N3.183 billion in 3533 offers in opposition to 122.935 million shares valued at N1.301 billion in 3915 offers.

A evaluate of the funding in the course of the day confirmed that NEM Insurance coverage led gainers desk in the course of the day, gaining 10.0 per cent to N4.40, FTNCocoa adopted with a acquire of 10.00 per cent to N0.33, Honey Effectively Flour added 9.89 per cent to N2.89, UPL elevated by 9.88 per cent to N1.89 whereas Mutual Advantages up by 7.41 per cent to N0.29.

Quite the opposite, BUAfoods topped losers chart in the course of the day, shedding 9.92 per cent to N54.00, Northern Nigeria Flooring Mills Nigeria Plc trailed with a drop of 9.88 per cent to N7.75, Seplat Vitality fell by 8.44 per cent to N1300.00, Eterna Plc down by 8.34 per cent to N6.05 per cent, Nahco declined by 7.56 per cent to N5.50.

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