Champion Brew, Dangote Sugar Raise Stock Market Cap By N185.51bn 

Eterna Tops Gainers, NEM Leads Losers After Stock Market Activities

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On Wednesday, the stock market capitalisation in Nigeria settled at N35.36 trillion, with the All-Share Index closing trading at 64,625.28 ASI.

At the end of trading on Wednesday, investors traded 291.71 million shares, worth N7.43 billion, in 6,213 deals, contrasting with the N4.64 billion traded on Tuesday in 6,296 deals for 280.46 million shares.

Top five gainers 

  • Eterna’s share appreciated by N1.60 kobo to rise from N16 to N17.60 kobo per share. 
  • CWG grew by N0.26 kobo, up from N3.02 to N3.28 kobo per share.     
  • FTN Cocoa ended trading with N2.15 kobo from N2.01 per share, rising by N0.14 kobo. 
  • Livestock gained N0.10 kobo to end trading at N1.90 kobo, having opened with N1.80 kobo per share.      
  • Vitafoam’s stock was up by N1, closing at N21.90 kobo from N20.90 kobo per share. 

Top five losers 

  • NEM depreciated by N0.60 kobo, dwindling from N6 to N5.40 kobo per share.       
  • Sunu Assurances declined by 8.51 per cent to end trading at N0.86 kobo, after opening at N0.94 kobo per share.       
  • Guinea Insurance followed the same path, losing 7.89 per cent after trading hours, to sell at N0.35 kobo from N0.38 kobo per share.       
  • Cornerstone reported a decline of N0.10 kobo from the previous day’s share price of N1.41 kobo to end trading at N1.31 kobo per share.       
  • Omatek’s share depreciated to N0.32 kobo from N0.34 kobo, after losing 5.88 per cent during trading hours.  
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Top five trading equities in the stock exchange 

  • GTCO reported 41.74 million shares, valued at N1.55 billion, were traded on its floor.       
  • Universal Insurance recorded 22.84 million shares valued at N5.16 million.     
  • UBA saw investors trade 22.55 million shares valued at N315.37 million.     
  • Sterling Financial Holdings recorded 21.64 million shares exchanged on its floor, worth N76.98 million.     
  • Transcorp reported 15.70 million shares, valued at N62.65 million, exchanged investors’ hands. 

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