Multiverse Lead Gainers’ List, Beta Glass Top Losers, As Stock Market Crashes

September 12, 2022
Nigerian Stock Exchange 1 660x400 1
Nigerian Stock Exchange 1 660x400 1

Following about five hours of trading, the stock market dipped by -0.13 percent, knocking the market capitalisation down to N26.76 trillion on Monday. 

It was dragged down by the All-Share Index, which closed at 49,625.71, after shedding 69.41 basis points from the 49,695.12 ASI it ended Friday’s trading with. 

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On the trading floor, over 86.59 million shares exchanged investors’ hands in 3,377 deals worth N1.17 billion.

Top five gainers

  • Multiverse share appreciated by N0.22kobo to rise from N02.36kobo to N2.58kobo per.
  • FTN Cocoa stock grew N0.02, up from N0.3kobo to N0.32kobo per share.
  • Chams ended trading with N0.33kobo from N0.31kobo per share, rising by N0.02.
  • Academy gained N0.1kobo to end trading at N2.20kobo, having opened with N2.1kobo.
  • Regal Insurance stock was up by N0.01, closing with N0.25kobo from N0.24kobo per share.

Top five losers 

  • Beta Glass depreciated by N5.1kobo, dwindling from N51.2kobo to N46.10kobo per share.
  • NEM also fell by N0.45kobo to end trading at N5.20kobo, after opening with N5.65kobo per share.
  • Japaul Gold followed the same path, losing N0.02 after trading hours, to sell at N0.27kobo from N0.29kobo per share.
  • Fidelity Bank reported a decline of N0.24kobo from previous day’s share price of N3.65kobo to end trading at N3.41kobo per share.
  • FCMB share depreciated to N3.3kobo from N3.5kobokobo, after losing N0.2kobo during trading hours.  

Top five trading equities in stock exchange 

  • GTCO reported 19.47 million shares valued at N385.58 million were traded on its floor.
  • Sterling Bank recorded 6.21 million shares valued at N9.35 million.
  • Zenith Bank saw investors trade 5.91 million of its shares valued at N118.67 million.
  • Fidelity Bank recorded 5.82 million shares exchanged on its floor, worth N20.02 million.
  • Chams reported 5.63 million shares valued at N1.86 million exchanged investors’ hands.
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