August 14, 2022



Revenue taking drags fairness market down by N7bn

Buyers revenue taking has impacted negatively on the home fairness yesterday because the market depreciated additional by N7 billion.

The buying and selling end result confirmed that market capitalisation of listed equities decreased by 0.03 per cent to N27.276 trillion from N27.283 trillion reported yesterday.

The NGX All Share Index additionally depreciated by 12.67 foundation factors to 50582.30 factors from 50594.97 factors recorded on Wednesday.

Buyers traded 130.445 million shares valued at N1.622 billion in 3993 offers towards 121.160 million shares value N4.168 billion exchanged palms in 4369 offers.

An evaluation of the funding indicated that PZ Cusson led gainers desk in the course of the day , bettering by 10.00 per cent to N9.35 Honey Properly Flour adopted with a acquire of 9.64 per cent to N2.73, Stanbic IBTC gained 9.15 per cent to N31.00 Wapic Insurance coverage dipped by 8.11 per cent to N0.40, Sovereign Insurance coverage up 8.00 per cent to N0.27.

Quite the opposite, Multiverse topped losers chart dropping by 10.00 per cent to N1.71, Lasaco Insurance coverage trailed with a lack of 7.07 per cent to N0.92, FTNCocoa down by 6.25 per cent to N0.30, BUACement dropped by 4.51 per cent to N58.25, Unity Financial institution dipped by 4.44 per cent to N0.43.

The end result additional confirmed that AIICO Insurance coverage was most energetic inventory in the course of the day, exchanging 16.317 million shares valued at N9.378 million, Transnational Company of Nigeria adopted with account of 11.154 million shares price N12.914 million, Entry Corp exchanged 9.737 million shares value N87.627 million, Chi Plc traded 7.489 million shares value N4.654 million, Japaul Gold offered 6.889 million shares valued at N2.134 million.

See also  Pension asset positive aspects N843bn in 6 months

Associated content material you might like