The Nigerian fairness market continued to bleed for the third consecutive day this week as buyers misplaced N2.18bn on Wednesday.
The All Share Index and the market capitalisation dipped marginally by 0.004 per cent to shut at 99,802.08 and N56.46tn, respectively.
On Monday, the Nigerian Change resumed the week with a lack of N8.62bn because of a dip in Caverton Offshore, Related Bus Firm, Nigeria Breweries, and 38 different shares
On Tuesday, fairness buyers suffered N114bn.
The inventory market’s year-to-date return stood at 33.56 per cent.
The banking trade led the amount and worth charts in buying and selling.
The highest gainers included Constancy Financial institution, Zenith Financial institution, United Financial institution for Africa and Warranty Belief Financial institution Holdings.
The day’s buying and selling noticed a prevalence of bullish exercise, with the trade witnessing extra gainers (26) than losers (22).
A number of the high losers within the fairness market had been Thomas Wyatt Nigeria Plc, which misplaced 10 per cent to shut at N2.16, Daar Communications, which shed 8.77 per cent to shut buying and selling at N0.52, and Nigeria Breweries, which misplaced 8.37 per cent to shut at N29.
Main the gainers’ chart was Related Bus Firm with a ten per cent appreciation to N0.77, Eterna gained 9.98 per cent to shut at N18.35 and Pc Warehouse Group with 5.48 per cent to shut at N6.90.
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