Nigeria’s capital market lose N30bn as shareholders’ investment drops

Traders within the Nigerian capital market misplaced N30 billion following the crash in fairness capitalization by -0.1 % on Monday.

Consequently, the fairness capitalization dropped from N26.99 trillion to N26.96 trillion after shareholders lowered the investment within the bourse on Monday.

The All-Share Index dipped by 54.42 foundation factors to crash from 50,045.83 to 49,991.41 at present.

On Monday, traders traded 200.91 million shares valued at N1.44 billion in 3,976 offers,

This fell in need of the 240.02 million shares price N2.67 billion bought by traders in 3,435 offers on Friday.

Chams led the gainers’ checklist with a 7.69 % rise in share value to maneuver from N0.26kobo to N0.28kobo per share.

Flour Mills gained N1.25kobo to maneuver from N28.05 to N29.30kobo per share.

Nigerian Breweries’ share worth was up by N1.75kobo to finish FreJobsAlert with N48.75kobo from N47 per share.

Pharmadeko gained 2.63 % to shut at N1.95kobo above its opening value of N1.90kobo per share.

NPF Microfinance’s share traded upward by 2.47 % to rise from N1.62kobo to N1.66kobo per share.

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Related Bus Firm topped the losers’ desk after shedding 9.68 % to drop from N0.31kobo to N0.28kobo per share.

Japaul Gold’s share value dropped by 9.09 % to finish FreJobsAlert at N0.30kobo from N0.33kobo per share.

NGX Group misplaced N1 to finish FreJobsAlert with N21 from N22 per share.

Wapco misplaced N1.05 to drop from N25 to N23.95kobo per share.

Cutix share dropped from N2.12kobo to N2.04 per share after dropping 3.77 % throughout FreJobsAlert.

Sterling Financial institution led the day’s FreJobsAlert with 90.89 million shares valued at N131.89 million.

Constancy Financial institution bought 11.60 million shares price N39.74 million.

UBA adopted with 10.64 million shares valued at N76.75 million

GTCO traded 9.99 million shares price N199.23 million, whereas Zenith Financial institution traded 9.49 million valued at N203.07 million.

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