Monday, June 5, 2023
No Result
View All Result
SUBSCRIBE
eNaira Online News
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion
eNaira Online News
No Result
View All Result

Okomu Oil, Conoil among worst equities as Nigeria’s capital market extends losing streak

by e-Naira Online News
June 1, 2022
in Business
Reading Time: 2 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


Investors in the Nigerian capital market lost N8.69 billion following the dip in the value of shares by 0.03% on Wednesday

This pushed the equity capitalization to N28.55 trillion, down from N28.56 trillion posted on Tuesday.

The All-Share Index was down by 16.13 basis points to close at 52, 974. 15 compared to 52,990.28 recorded the previous day.

Investors traded 295.35 million shares valued at N3.59 billion in 4,637 deals on Wednesday.

This fell short of the 318.27 million shares worth N3.71 billion which exchanged hands in 5,190 deals on Tuesday.

Eterna led the gainers with N0.67kobo to move from N6.77kobo to N7.44kobo per share.

FTN Cocoa gained N0.35kobo to move from N0.32kobo to N0.35kobo per share.

Nahco gained N0.57kobo to end trading with N7.22kobo from N6.65kobo per share.

Ikeja Hotel’s share price was up by 7.83 percent to close at N1.24kobo from N1.15kobo per share.

Transcorp’s share appreciated by 4 percent to rise from N1.25kobo to N1.30kobo per share.

READ ALSO: Investors lose N421.5bn as Nigerian Breweries, others drag stock market down

Okomu Oil topped the losers’ chart after shedding N21.50kobo from its market price to drop from N215 to N193.50kobo per share.

NCR’s share dropped by N0.39kobo to end trading at N3.60kobo from N3.99kobo per share.

Conoil’s share was down by N2.65kobo to end trading with N29.10kobo from N31.75kobo per share.

Neimeth’s share depreciated from N1.67kobo to N1.55kobo per share after losing N0.12kobo during trading.

Fidelity Bank lost N0.16kobo to drop from N3.40kobo to N3.24kobo per share.

Transcorp led the day’s trading with 121.83 million shares valued at N156.14 million.

GTCO followed with 20.12 million shares valued at N454.74 million.

Conoil traded 16.95 million shares worth N493.41 million.

Sterling Bank sold 16.05 million shares worth N23.69 million, while Royal Exchange traded 11.82 million valued at N11.01 million.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now





Source link

Tags: AmongCapitalConoilequitiesExtendsLosingMarketNigeriasoilOkomustreakworst
Previous Post

Regulators Must Keep Tabs on Capital Market Dynamics—Yuguda

Next Post

European exchange Bitvavo links with Mercury Redstone to allow easy access to crypto indices » CryptoNinjas

Related Posts

Treasury Bills Buying Deepens Ahead Of CBN Auction
Business

Treasury Bills Buying Deepens Ahead Of CBN Auction

by e-Naira Online News
June 5, 2023
Ignite Investments increase buyout price of Ardova shareholders
Business

Ignite Investments increase buyout price of Ardova shareholders

by e-Naira Online News
June 5, 2023
Petrol subsidy removal: Sanwo-Olu asks NLC not to politicize the planned strike, calls for restraint
Business

Petrol subsidy removal: Sanwo-Olu asks NLC not to politicize the planned strike, calls for restraint

by e-Naira Online News
June 5, 2023
Nigeria faces fiscal tragedy, but subsidy removal offers hope | The Guardian Nigeria News
Business

Nigeria faces fiscal tragedy, but subsidy removal offers hope | The Guardian Nigeria News

by e-Naira Online News
June 5, 2023
Fresh concerns as NCAA rejects Nigeria Air’s certification request
Business

Fresh concerns as NCAA rejects Nigeria Air’s certification request

by e-Naira Online News
June 4, 2023
Next Post
European exchange Bitvavo links with Mercury Redstone to allow easy access to crypto indices » CryptoNinjas

European exchange Bitvavo links with Mercury Redstone to allow easy access to crypto indices » CryptoNinjas

NGX starts the month of June losing N8.7 billion in market capitalization

NGX starts the month of June losing N8.7 billion in market capitalization

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Why new Kano Governor, Abba Yusuf is seizing public assets sold by Ganduje

Why new Kano Governor, Abba Yusuf is seizing public assets sold by Ganduje

May 30, 2023
Dollar To Naira Exchange Rate Today (Wed. May 31, 2023)

Dollar To Naira Exchange Rate Today (Wed. May 31, 2023)

May 31, 2023
Nigeria’s foreign trade falls to N12 trillion in Q1 2023

Nigeria’s foreign trade falls to N12 trillion in Q1 2023

June 5, 2023
African Development Bank To Extend Nearly $1m In Gender-Based Grants

African Development Bank To Extend Nearly $1m In Gender-Based Grants

June 5, 2023
Treasury Bills Buying Deepens Ahead Of CBN Auction

Treasury Bills Buying Deepens Ahead Of CBN Auction

June 5, 2023
Nigerian Breweries Plc To Acquire 80% Stake In Distell Wines and Spirits Nigeria Limited

Nigerian Breweries Plc To Acquire 80% Stake In Distell Wines and Spirits Nigeria Limited

June 5, 2023
The politics of subsidy, moribund refineries and independent marketers

The politics of subsidy, moribund refineries and independent marketers

June 5, 2023
Ignite Investments increase buyout price of Ardova shareholders

Ignite Investments increase buyout price of Ardova shareholders

June 5, 2023
Petrol subsidy removal: Sanwo-Olu asks NLC not to politicize the planned strike, calls for restraint

Petrol subsidy removal: Sanwo-Olu asks NLC not to politicize the planned strike, calls for restraint

June 5, 2023
In 22nd Trading Week of 2023, NASD Swells by N20.35bn

In 22nd Trading Week of 2023, NASD Swells by N20.35bn

June 5, 2023

Get the free newsletter

eNaira Online News

Get the latest news and follow the coverage of eNaira, Business & Financial, Stock Market, Analysis, and more from the trusted sources.

CATEGORIES

  • Banking
  • Business
  • Capital Market
  • Companies
  • Crypto
  • eNaira
  • Finance
  • Opinion
  • Personal Finance
  • Real estate
  • Uncategorized
No Result
View All Result

GET THE FREE NEWSLETTER

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 e-Naira Online News.
e-Naira Online News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • eNaira
  • Capital Market
  • Business
  • Finance
  • Banking
  • PF
  • Companies
  • Crypto
  • Real Estates
  • Opinion

Copyright © 2022 e-Naira Online News.
e-Naira Online News is not responsible for the content of external sites.