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Nigerian Stocks reports marginal loss, Unity Bank and Wapic Plc emerge as major losers

Nathanael Disu by Nathanael Disu
June 23, 2023
in Markets, Stock Market
Nigerian Stocks reports marginal loss, Unity Bank and Wapic Plc emerge as major losers

Bullish-bearish stock market(Image credit: Freepik)

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  • The Nigerian Exchange ended the trading session with a negative close as the All-Share Index depreciated by -0.01%.
  • The market capitalization of equities saw a marginal loss of N4 billion, resulting in a -0.01% loss from the previous trading session.
  • Unity Bank Plc (-9.84%) led the losers while LivingTrust Plc was the most traded equity in terms of volume.

The Nigerian Exchange (NGX) closed negative at the end of today’s trading session.

The All-Share Index (ASI) traded -0.01% lower to close at 59,206.63 index points as against 59,211.26 index points recorded in the previous day’s trading session.

The market capitalization of equities saw a marginal loss of N4 billion to close at N32.237 trillion, -0.01% lower than the N32.241 trillion recorded in the previous trading session.

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Market breadth closed negative as RTBRISCOE (10.00%) led gainers, Unity Bank (-9.84%) led losers while LivingTrust Plc was the most traded equity – by volume – at the end of today’s session.

Trading volume increased by 1.94% from the previous day session as 627.87 million units of shares were traded today.

Market Indices

Below are the market indices for today’s trading session:

  • NGX ASI: 59,206.63 points
  • Previous ASI: 59,211.26 points
  • % Day Change: -0.01%
  • % YTD: +15.53%
  • Market Cap: N32.237 trillion
  • Volume Traded: 627.87 million
  • Value: N9.15 billion
  • Deals: 6,953

NGX TOP GAINERS

  • RTBRISCOE gained 10.00% to close at N0.44 per share
  • TRANSCOHOT gained 10.00% to close at N17.60 per share
  • FIDSON gained 10.00% to close at N12.87 per share
  • NASCON gained 10.00% to close at N18.70 per share
  • CORNERST gained 9.91% to close at N1.22 per share

NGX TOP LOSERS

  • UNITYBNK was down by -9.84% to close at N1.10 per share
  • WAPIC was down by -9.57% to close at N0.85 per share
  • MCNICHOLS was down by -9.46% to close at N0.67 per share
  • ETI was down by -9.09% to close at N14.00 per share
  • NEM was down by -9.09% to close at N6.30 per share

TOP 3 BY VOLUME

  • LIVINGTRUST      113,004,171
  • UBA                      62,685,403
  • GTCO                    49,510,148

TOP 3 BY VALUE

  • GTCO                    N1,547,890,747
  • ZENITHBANK      N1,159,723,529
  • UBA                      N714,370,329

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Tags: Fidson Healthcare Plc - NewsNGXUBA Plc
Nathanael Disu

Nathanael Disu

Nathanael Disu is a Financial Analyst at Nairametrics. He also runs a Financial Intelligence Bootcamp which helps individuals get better understanding of their Money.

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