ETranzact Tops Gainers’ Table As Investors Lose ₦21.35bn At Stock Market

Investors at the Nigerian stock market lost ₦21.35 billion as the market dipped from ₦25.46 trillion to ₦25.44 trillion at the end of the market.

Naija News reports that the Nigerian stock market fell in equity capitalization by 0.08 percent after eight hours of trading on Wednesday.

It was gathered that the All-Share Index of the market went down by 39.63 basis points to drop from 47,246.9 to close at 47,207.27.

Investors traded 230.64 million shares valued at N3.49 billion in 4,377 deals on Wednesday, which was below the 421.82 million shares, worth N5.15 billion, traded in 4,601 deals on Tuesday.

ETranzact led the gainers’ chart after gaining N0.20kobo to rise from N2 per share to N2.20kobo

RT Briscoe gained 9.72 percent to end trading with N0.79kobo from N0.72kobo per share.

Niger Insurance share was up by 9.09 percent to move from N0.22kobo to N0.24kobo per share.

May & Baker share appreciated by N0.45kobo to move from N5 to N5.45kobo per share, while Wema Bank gained 8.99 percent to end trading with N0.97kobo from N0.89kobo per share.

The losers’ table was led by Africa Prudential, after shedding N0.45kobo to drop from N7.80kobo to N7.35kobo per share.

Dangote Sugar share depreciated from N18 to N17.05 per share after losing N0.95kobo during trading, while Chams’ share dropped 4.17 percent to end trading at N0.23kobo from N0.24kobo per share.

Mutual Benefit lost 3.70 percent to end trading with N0.26kobo from N0.27kobo per share.

Ecobank completed the list after shedding N0.35kobo from its market price to drop from N11.75kobo to N11.40kobo per share.

Transcorp led the day’s trading with 23.19 million shares worth N29.08 million, while Fidelity Bank traded 15.52 million valued at N48.04 million.

United Capital followed with 14.71 million shares valued at N204.65 million, while Regal Insurance sold 13.77 million shares worth N5.02 million and First Bank traded 13.17 million valued at N150.74 million.