NSE ASI down 0.08% as FBN stock trades worst

Published by

THE equities market has closed in the negative territory for the third consecutive day, with the All-share Index (ASI) and market capitalisation shedding 0.08 per cent to close Tuesday at 34,846.82 points and N12.012trillion respectively.

FBN Holdings, 7up and NEM were the day’s highest losers with a depreciation of 4.99, 4.96 and 4.92 per cent to close at N5.14, N85.82 and N1.16 per share each.

The day’s gainers were led by Linkage Assurance, AXA Mansard and Jaiz Bank. They grew by 5, 4.74 and 4.48 per cent each to close at 63 kobo, N1.99 and 70 kobo respectively.

The volume and value traded in 3,783 deals appreciated by 7.4 and 83.8 percent each to close at 174.7mn units valued at N2.83bn.This is in comparison with 162.7m units of shares valued at N1.54bn and exchanged in 3,225 deals on Monday.

The top three most traded stocks were GTB, FCMB and FBNH with the sale of 38.8m units at N1.3bn, 12.6munits at N12.9m and 12.5m units at N65.2m respectively.

Recent Posts

Deputy Speaker expresses concerns over public outcry trailing 2025 UTME

Deputy Speaker of House of Representatives, Hon. Benjamin Kalu, on Sunday, expressed grave concern over…

19 seconds ago

China to establish electric vehicle factories in Nigeria — Envoy

The Chinese Ambassador to Nigeria, His Excellency Yu Dunhai, has stressed the need for deeper…

2 minutes ago

Gov Soludo condemns killing of Anambra community PG

Governor Chukwuma Charles Soludo of Anambra State has condemned the brutal and senseless murder of…

2 minutes ago

Alleged N50m debt: Don’t stop hearing against National Stadium concessionaire, Court urged

The technical consortium that helped GreenArp Project Limited, linked to business mogul, Chief Kessington Adebutu,…

18 minutes ago

Many trapped as two-storey building collapses in Lagos

The exact number of people trapped remains unknown after another two-storey building under construction collapsed…

24 minutes ago

Embrace Pope Leo’s call to confront poverty, Obi tells Nigerian leaders

The 2023 presidential candidate of the Labour Party (LP), Mr Peter Obi, has urged leaders…

26 minutes ago

Welcome

Install

This website uses cookies.