Japaul Oil Plc, May & Baker Nigeria plc, NEM insurance and two others led the gainers on Wednesday.

The Nigerian Stock Exchange market traded in negative territory as it shed 0.02% for the third time this week to close at 26,938.58 index points.

However, the equity market capitalization made a rebound to close at N13.001 trillion indicating 0.085% increase compared to N12.99 trillion recorded yesterday.

Top gainers

Japaul Oil ranked highest amongst top gainers on the floor with 10% increase to close at N0.22, May & Baker plc followed with 9.74% gain to close at N2.14. NEM insurance gained 5.26% to close at N2, Courteville gained 3.85% to close at N0.27 while Cutix plc rounded off with 3.5% to close at N1.48.

[READ ALSO: NCRIB asks government to remove bidding fee  (Opens in a new browser tab)]

Top losers

Sterling bank plc declined the most having shed 6.34% of its share value to close at N1.92 followed by Chams Plc, which lost 5.71% to close at N0.33. FCMB lost 3.23% to close at N1.8, NAHCO declined by 2.8% to close at N2.43 while Honeywell flour plc lost 2.71% to close at N1.07.

FCMB ads 300 x 250

Top trades by volume

Zenith bank plc was actively traded on the bourse again today as it traded in 15.9 million shares valued at N296.9 million across 369 deals, followed by FCMB, which traded 15.2 million shares at N26.99 million across 143 deals.

Standard chartered

[READ ALSO: NCRIB asks government to remove bidding fee  (Opens in a new browser tab)]

UBA plc recorded trades in 12.96 million shares at N90.66 million across 172 deals, Fidelity bank traded 7.45 million shares valued at N14.98 million across 75 deals while GT bank rounded off the list with trades in 6.09 million shares valued at N183.97 million across 169 deals.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.