UAC Nigeria and Geregu are the main losers as the Nigerian capital market falls by 4.05 billion naira in 8 hours

The Nigerian capital market fell -0.01% at the close of trading on Thursday.

This means the equity capitalization collapsed by 4.05 trillion naira from 25.889 trillion naira to 25.885 trillion naira after eight hours of trading today.

Similarly, the All-Share index fell 7.46 basis points to close at 47,524.38 from 47,531.84 on Wednesday.

Investors traded 86.54 million shares valued at 2.09 billion naira on Thursday in 3,264 trades.

The investment was lower than the 155.18 million shares worth N3.65 billion that traded hands in 3,797 deals the previous day.

Honeywell Flour led the list of winners with a rise of N0.19kobo in share price from N1.94kobo to N2.13kobo per share.

Neimeth gained N0.12kobo to go from N1.26kobo to N1.38kobo per share.

Fidson’s share value rose by N0.67kobo to end trading at N9.17kobo against N8.5kobo per share.

Chams gained N0.02 to close at N0.28kobo, above its opening price of N0.26kobo per share.

READ ALSO: Nigerian capital market posts N49.3 billion gain as FTN Cocoa and international breweries lure investors

Livestock share traded higher by N0.07 from N1.03 to N1.1kobo per share.

UAC Nigeria tops the losers chart after losing N1 to go from N10.25kobo to N9.25kobo per share.

Geregu Power’s share price fell N10.9kobo to end trading at N110 from N120.9kobo per share.

Lasaco lost N0.06 to end trading with N0.84kobo of N0.9kobo per share.

Cornerstone lost N0.03 to go from N0.55kobo to N0.52kobo per share.

Champion Breweries’ share fell from N3.6kobo to N3.48kobo per share after losing N0.12kobo during trading.

GTCO led the day’s trading with 19.15 million shares valued at N324.20 million.

Zenith Bank sold 8.53 million shares worth N166.48 million.

MTN Nigeria followed with 1.22 million shares valued at N240.96 million.

Geregu Power traded 1.10 million shares worth N122.69 million, while Access Corp traded 8.45 million shares worth N67.43 million.

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