Stock market declines marginally by 0.06%

Date:

April 19, 2024.

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Azonuchechi Chukwu.

Thursday’s trading activities on the floor of the Nigerian stock market closed bearish as the All Share Index marginally declined by 0.06% to close at 99,845.91 points from the previous close of 99,908.89 points.

The Market Capitalisation declined by 0.06% to close at N56.469 trillion from the previous close of N56.505 trillion, thereby shedding N36 billion.

An aggregate of 285.9 million units of shares were traded in 7,726 deals, valued at about N5.5 billion.

The Market Breadth closed negative as 16 equities emerged as gainers against 19 equities that declined in their share prices.

Percentage Gainers

GUINNESS led other gainers with 10.00% growth to close at N55.00 from the previous close of 50.00.

NEIMETH, MARISON and International Energy Insurance among other gainers also grew their share prices by 9.76%, 9.73% and 9.30% respectively.

Percentage Losers

UCAP led other price decliners as they shed 9.73% to close at N18.10 from the previous close of N20.05.

Consolidated Hallmark Holdings and CWG among other price decliners also shed their share prices by 9.70% and 9.52% respectively.

Volume Drivers

GTCO traded about 32.8 million units of its shares in 677 deals, valued at N1.14 billion.

ACCESSCORP traded about 43 million units of its shares in 703 deals, valued at N766 million.

UBA traded about 28 million units of its shares in 688 deals, valued at N650 million. (www.naija247news.com).


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Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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