December 2, 2022



Home fairness sheds N111bn

Home fairness market yesterday closed in adverse pattern , shedding N111 billion as lose recorded by Nestle Nigeria Plc helped to tug the market down.

Market capitalisation of listed equities declined by 0.42 per cent to N26.42 trillion from N26.531 trillion reported the day prior to this.

The NGX All Share Index additionally depreciated by 206.87 foundation factors to 48964.83 factors from 49171.70 factors traded the day prior to this.

Traders throughout the day traded 220.78 million shares valued at N2.25 billion in 3105 offers in opposition to 101.569 million shares value N1.197 billion in 3981 offers.

A overview of the transactions confirmed that

Jaiz Financial institution led gainers desk throughout the day , appreciating by 9.21 per cent to N0.83, Ikeja Lodge adopted with account of 8.77 per cent to N1.24, Multiverse gained 8.21 per cent to N3.69, Chi Plc added 7.55 per cent to N0.57, Chams Plc elevated by 7.41 per cent to N0.29.

Quite the opposite, Nestle Nigeria Plc topped losers chart throughout the day, dropping by 10.00 per cent to N1215.00, AfriPrudential trailed with a lack of 8.26 per cent to N5.00, FCMB group down by 6.00 per cent to N3.29, AIICO Insurance coverage fell by 5.45 per cent to N0.52, United Capital dipped by 4.26 per cent to N11.25.

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