Stock market records marginal loss

METRO PLUS

Hushpuppi: US court dismisses fraud case against Nigerian, Mr Woodberry

A US court has dismissed a fraud case against a Nigerian accused of cyber-crime, Olalekan Ponle, popularly known as Mr Woodberry.

Four Police officers arrested for fleeing kidnap scene of Maku’s niece

Four police officers who failed to stop the kidnapping of Salisu Usman Maku, nephew of former information minister Labaran Maku have been arrested.

54-year-old pastor defiles girl,10, in Ogun

• Teenager remanded for alleged rape of minor• Man, 28, rapes 14-year-old girlDaud Olatunji, Abiodun...

Generator fumes kill three Delta kids, carpenter falls, dies

Three siblings have died after inhaling generator fumes in Emevor community, in the Isoko North Local Government Area of Delta State.

Police arrest 60-year-old man for defiling 9-year-old girl in Anambra

Police in Anambra State have arrested a 60-year-old man for allegedly defiling a 9-year-old girl in Nkwelle Ezunaka, near Onitsha.
d05f6bc5113cc2bfa1adb1ff7f1b93a6?s=120&d=mm&r=g
Punchvibehttps://www.tribunepointweekly/
Wish To Know Me?, Am Just An Avid Blogger.

Trading activities on the floor of the Nigerian Stock Exchange on Tuesday witnessed another drop in share prices as bears sustained their grip on the local course following the sell- off that has pervaded.

However, the market breadth closed positively, recording 20 gainers as against seven losers.

Consequently, the All-Share Index dipped 11.68 basis points or 0.05 per cent to close at 21,729.48 index points as against 21.741.16 recorded the previous day while market capitalization of equities depreciated by N6bn from N11.329tn the previous day to N11.323tn as market sentiment returned to the negative territory.

Meanwhile,  233.5 million shares exchanged in 3,874 deals in the day’s trading.

The premium sub-sector was the most active (measured by turnover volume); with 136.1 million shares exchanged by investors in 1,985 deals.

Volume in the sub-sector was largely driven by activities in the shares of Access Plc and Zenith Bank Plc.

Also, the banking sub-sector received boost by the activities in the shares of Fidelity Bank Plc and GTBbank Plc followed with a turnover of 64.1 million shares in 903 deals.

Further analysis of the day’s trading showed that in percentage terms Cutix Plc topped the day’s gainers’ table with 10 per cent to close at 1.32 per share while Cadbury Nigeria  Plc followed with 9.71 per cent to close at N5.65 per share. Neimeth Pharmaceuticals Plc added 9.09 per cent to close at 48 kobo per share.

On the flip side, Total Nigeria  Plc led the losers’ with a drop of 10 per cent to close at N96.30 per share while Africa Prudential Registrars Plc shed 9.87 per cent to close at N3.47  per share. Jaiz Bank Plc trailed with 8.16 per cent to close at 45 kobo per share.

Sign up to FREE email alerts from Tribunepoint Weekly - Daily News

When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time.

- Advertisement -

MOST READ

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

LATEST ARTICLES

Recession: Swallow your pride – Atiku tells Buhari

Alhaji Atiku Abubakar, a former Vice President and the Peoples Democratic Party’s presidential candidate in the last election, has given his major...

We are open to financial scrutiny, we are not afraid of probe – Ekiti Governor, Fayemi

The Governor of Ekiti State, Dr. Kayode Fayemi, has said the fact that his government was not afraid of probe propelled the...

Why APC Governors visited Jonathan – PDP

The People’s Democratic Party (PDP) says the All Progressives Congress (APC) Governors visited former President, Goodluck Jonathan because they have realised that...

End SARS: Buhari govt has abandoned police personnel whose properties were burnt during protest – Officer laments

A Superintendent of the Nigeria Police Force, NPF, on Saturday, accused the Nigerian government of neglecting officers whose properties were destroyed during...

2023: Why Goodluck Jonathan will not contest for presidency under APC

There have been reports that Governors elected on the platform of the All Progressives Congress (APC) met with former president, Goodluck Jonathan,...