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Home Business News

Nigerian Stocks Crash To A 4 Year Low

Editor by Editor
January 12, 2016
in Business News, Stock Market
NSE: Market Capitalisation Records N46bn Boost‏
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Nigerian Stock Exchange All Share Index (ASI) dipped by 1.20% on Tuesday’s trading to close at 26,034.93 sending the market capitalization to a 4 year low. The stock market has now lost about 8% this year alone and could be on its way to record a double-digit loss in the first month of the year.

Market capitalization broke the N9 trillion support to close at N8.9 trillion after closing Tuesday hitting a level it last touched in December 2012.

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Here is a snapshot of today’s trading

ASI: 26,034.93

DEALS: 2,776.00

VOLUME: 223,385,556.00

VALUE: 2,512,075,747.30

CAP: 8,953,900,811,825.16

A total of 7 stocks appreciated in value, while 29 stocks depreciated in value.

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 at N3.12 and closed at N3.27 gaining N0.15

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

LEARNAFRCA 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 some losers for the day;

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

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

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

PZ opened at N23.71 and closed at N23.29 losing -N0.07

7UP opened at N185.26 and closed at N185.00 losing -N0.26

Editor

Editor

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Recent News

  • NDLEA intercepts 157,800 bottles of codeine syrup worth over N1.1 billion at Rivers State 
  • Nigeria’s crude oil export falls by over 16% to N12.95 trillion in Q1 2025
  • Lagos govt seals Okota building for channeling raw sewage into public drainage 

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Recent News

NDLEA intercepts 157,800 bottles of codeine syrup worth over N1.1 billion at Rivers State 

NDLEA intercepts 157,800 bottles of codeine syrup worth over N1.1 billion at Rivers State 

June 15, 2025
Latest crude oil price drop threatens Nigeria’s revenue and naira stability 

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