Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Investors lose N26 billion, ASI dipped 0.22% on Wednesday

Samuel Oyekanmi by Samuel Oyekanmi
February 27, 2020
in Business News, Markets
Nigerian Stock Exchange, Nigerian Stocks, Daily market summary, NSE, Bourse bows to bears as ASI dip 0.55% on Friday, NSE: Bears dominant reign continues as ASI shed 4.91% on Tuesday, Bearish trend persists at Nigerian Stock Exchange, as investors lose N456 billion, Bears return, Nigeria’s local bourse drops 0.12%, Bears return Nigeria's ASI index down 3.12% Investors lose N370 billion, Bulls lift Nigerian bourse up 0.10%, as trading volume picks up,  BUACEMENT, CADBURY, WAPCO Bring the Bears to Party, Investors Lose N198.05 Billion
Share on FacebookShare on TwitterShare on Linkedin

The Nigeria Stock Exchange (NSE) market continued its bearish trend as the bourse bowed to the bears, recorded a 0.22% decline in the value of the All-share index to close at 26,974.38 index points, recording 11 gainers and 16 decliners in Wednesday’s  trade.

While the market recorded trades in 228.38 million units of shares at N2.74 billion, the equity market capitalization shed N26 billion to close at N14.06 trillion from an opening value of N14.08 trillion.

The bearish performance could be attributed to decline recorded in medium and large capitalized stocks such as MTN Nigeria, Vitafoam Nigeria, First Bank Holdings and African Prudential.

RelatedPosts

UBA Launches Innovative Experience Centre in Abuja, Nigeria

20 Lucky Kids Rewarded with N4m in UBA Kiddies and Teens Draw

Top gainers

Honey well Flour was the best performing stock, having recorded 9.38% gain to close at N1.05 followed by FCMB, which gained 6.29% to close at N1.86 while Ekocorp Plc gained 5.77% to close at N5.5. UBA recorded 4.38% gain to close at N7.15 while Lasaco Assurance rounded off the list with 4.17% gain to close at N0.25.

[READ MORE: Investors lose N181.08 billion as bourse bow to bears on Monday)

News continues after this ad


Top losers

Redstar Express and Vitafoam Nigeria Plc led the ranks of decliners as they dipped 9.98% to close at N3.61 and N4.06 respectively. University Press recorded 9.6% decline to close at N1.13, Consolidated Hallmark Insurance shed 9.38% to close at N0.29 while Jaiz bank rounded off the list with 8.62% loss to close at N0.53.

Top trades by volume

The list of actively traded stocks on the floor of the Stock market was led by UBA with trades recorded in 81.12 million units of shares valued at N548.9 million across 579 deals followed by Zenith Bank Plc, which traded in 31.01 million units of shares at N590.32 million across 640 transactions.

Access Bank traded 22.34 million units of shares valued at N201.05 million in 124 deals, Transnational Corporation recorded trades in 12.46 million units of shares at N11.24 million across 42 deals while United Capital Plc capped the list with trades in 11.45 million units of shares at N37.92 million across 195 deals.

News continues after this ad


Related

Tags: EKOCORP PlcfcmbHoney well FlourinvestorsInvestors in NigeriaLasaco AssuranceNigeria Stock ExchangeNigeria Stock Exchange (NSE)NSENSE Daily Market SummaryNSE IndicesNSE Market DataOn the MoneyUBA

Comments 2

  1. Blessing says:
    February 27, 2020 at 2:21 pm

    I need a stock broker urgently

    Reply
  2. Blessing says:
    February 27, 2020 at 2:23 pm

    I need stock broker urgently

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • NGX closes negative with the market cap down by N20 billion 
    • FG asks students to sue ASUU over strike, insists lecturers won’t be paid during the period
    • Hackers exploiting stolen cookies to attack corporate organisations – Report

    Follow us on social media:

    Recent News

    Weekly Stock Update: Nigerian local bourse’s ASI depreciates by 0.22% w-o-w

    NGX closes negative with the market cap down by N20 billion 

    August 18, 2022
    FG to review January 18 resumption date for schools across the country

    FG asks students to sue ASUU over strike, insists lecturers won’t be paid during the period

    August 18, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com