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Nairametrics
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Nigerian stocks slide slightly amid rising WEMABANK, LASACO

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
July 13, 2021
in Markets, Spotlight, Stock Market
Bears sustain dominance as the Nigerian Bourse lose N11.02 billion
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The stock exchange market made a bearish trend at the end of today’s trading session, posting losses that decreased the index by –0.65 points. The All-Share Index decreased mildly by -0.0017% closing at 37,857.24 index points.

  • The stock exchange market value currently stands at N19.73 trillion down from N19.8 trillion. Its Year-to-Date (YTD) returns currently stand at -5.99%.
  • The market breadth closed negative as NCR led 17 Gainers, and 13 Losers topped by IKEJAHOTEL at the end of today’s session.
  • The stock market has declined -2,413.48 base points since the start of the year.

NGX ASI top gainers

  1. NCR up +9.64% to close at N2.73
  2. WEMABANK up +9.46% to close at N0.81
  3. FTNCOCOA up +8.33% to close at N0.39
  4. NPFMCRFBK up +6.88% to close at N1.71
  5. LASACO up +6.67% to close at N1.60

NGX ASI top losers

  1. IKEJAHOTEL down -9.09% to close at N1.40
  2. CUSTODIAN down -6.15% to close at N6.10
  3. JAPAULGOLD down -5.66% to close at N0.50
  4. MBENEFIT down -4.76% to close at N0.40
  5. FBNH down -4.00% to close at N7.20

Outlook

  • Market sentiments trend towards the bull as 17 gainers outweigh 13 losers.
  • Nairametrics advises cautious buying in this era of growing uncertainties.
Ubah Jeremiah Ifeanyi

Ubah Jeremiah Ifeanyi

For further inquiries about this article, contact: Email: Ifeanyi.ubah@nairametrics.com Twitter: @ubahjc Linkedln: Jeremiah Ubah

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Lagos to roll out new identity card for all residents, renewable every 5 years

Comments 3

  1. Tony says:
    July 15, 2021 at 9:28 am

    If yes there want to take such enrollment,

    To save the stress etc ,
    Why not there make it an online portal for people to register and enroll instead of going to que in an uncompleted building in the name of local Government offices dat will also involve bribes etc.

    Atleast INEC has also made it easy for people to register online aswell.
    There should also do same .
    Or else nobody will see me going to stand on any stupid que .

    Reply
  2. Anonymous says:
    July 15, 2021 at 3:42 pm

    Multiple taxation everywhere

    Reply
  3. Abiola Olayinka says:
    July 15, 2021 at 5:54 pm

    Am really getting interested in Lasaco Assurance Shares

    Reply

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  • Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 
  • EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 
  • FG adopts front-of-pack labelling to tackle diet-related diseases and cut NCD deaths

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AfDB, AI

Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 

July 16, 2025
EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

July 16, 2025
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