September 29, 2022

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Fairness market loses N126bn


Buying and selling actions on the ground of Nigerian Trade NGX yesterday opened week on a unfavourable notice, shedding N126 billion, with RTBriscoe recorded the very best loss for the day.

Market capitalisation of listed equities declined by 0.46 per cent to N27.232 trillion from N27.358 trillion reported on Friday.

The NGX All Share Index additionally depreciated by 232.60 foundation factors to 50489.73 factors from 50722.33 factors traded the day prior to this.

Buyers traded 207.195 million shares valued at N2.119 billion in 4234 offers towards 148.810 million shares value N1.925 billion in 4091 offers.

A overview of the transaction confirmed that RTBriscoe recorded the very best loss throughout the day, declining by 10 per cent to N0.36, IMG adopted with a drop of 9.84 per cent to N8.25, SkyAVN fell by 9.60 per cent to N5.65, Ellah Lakes down by 9.-60 per cent to N3.58, Caverton down by 6.84 per cent to N1.09.

Quite the opposite, Japaul Gold led gainers desk throughout the day, gaining 8.82 per cent to N0.37, Honey Properly Flour Mills adopted with a achieve of 5.73 per cent to N2.95, Cornerstone Insurance coverage added 5.63 per cent to N0.75, Lasaco Insurance coverage gained 5.38 per cent to N0.98, United Capital added 4.49 per cent to N12.80.

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