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Home Business News

First Week In January, Nigerian Stocks Lose N584 Billion

Editor by Editor
January 8, 2016
in Business News, Stock Market
NSE: Market Capitalisation Records N46bn Boost‏
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The Nigerian Stock Exchange All Share Index fell 0.98% on Friday’s trading to close the week at 27,028.39. A total of 7 stocks appreciated in value, while 29 stocks depreciated. Stocks have now closed the first working week of the year in red for 4 straight days out of 5.

The fall in stocks mirrors similar drops recorded around the world as markets react negatively to events in China. The drop in crude oil prices is also a another reason why stocks skidded into losses around the world.

Here is a Snapshot of the day’s trading;

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ASI: 27,028.39

DEALS: 2,953

VOLUME: 235,554,505

VALUE: 1,937,862,784

Here are the Gainers for the day:

OKOMUOIL opened at N33.00 and closed at N36.25 gaining N3.25

DANGSUGAR opened at N5.76 and closed at N6.04 gaining N0.28.

IKEJAHOTEL opened N3.12 and closed N3.27 gaining N0.15.

VONO opened at N0.92 and closed at N0.96 gaining N0.04.

LEARNAFRICA opened at N0.80 and closed at N0.82 gaining N0.02.

ACCESS opened at N4.58 and closed at N4.60 gaining N0.02.

DANGCEM opened at N159.98 and closed at N159.99 gaining N0.01.

Here are the top losers for the day;

NB opened at N113.00 and closed at N109.50 losing N3.50.

GLAXOSMITH opened at N31.10 and closed at N30.00 losing N1.10.

ETI opened at N17.64 and closed at N16.78 losing N0.86.

ZENITHBANK opened at N13.40 and closed at N12.90 losing N0.50.

PZ opened at N23.71 and closed at N23.29 losing N0.42.

 

 

Editor

Editor

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