Home NewsGTBANK, FCMB, ZENITH BOUNCE BACK IN EQUITY INVESTORS

GTBANK, FCMB, ZENITH BOUNCE BACK IN EQUITY INVESTORS

by Reporter
Grooming Microfinance Bank,

Equity investors for the two straight days of bearish run in Nigerian equities market posted N80billion decline on their investments. The value dipped by N16.89 billion to close the day at N13,136,807 trillion, having earlier depreciated by N62.62 billion midweek and subsequently for the two sessions of bearish trade, investment value of investors slashed by N80billion. The NSE All Share-Index closed lower at 25,182.67 having declined by 0.13 percent. A total of 337,129,915.00 million shares, valued at N3,405,270,895.27 billion was transacted by investors in 3,880.00 deals. Secondary bond market capitalisation closed at N14, 567,048,171,866.20 trillion Thursday, against N14, 567,070,889,920.50 trillion recorded midweek, while Exchange Traded Products (ETPs) capitalisation ended the day at N6, 816,557,397.91 billion.

GUARANTY sustained the most active position posted midweek, Thursday, the bank polled 81,207,301 million shares valued N2, 019,959,402.45 billion. MBENEFIT followed with 44,835,269 million shares worth N10,117,002.54 million, while FBNH, the third most active stock recorded 25,057,333 million shares worth N134,086,994.75 million.

FCMB closed as the fourth highest traded stock with 15,542,896 million shares, valued N26, 742,497.72 million, while CAVERTON closed the top five most active stocks chart with 14,071,167 million shares, worth N33, 883,902.30 million.

AIICO closed as the fourth best gainer at N1.18 per share, having risen by N0.07 or 6.31 per cent, while ZENITHBANK closed the top five gainers chart at N16.65 per share, following appreciation by N0.05 or 0.30 per cent.

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