Investors trade 390.35 million shares on Wednesday

Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on Wednesday with investors trading 390.35 million shares valued at N2.93 billion in 5,012 deals.

This was in contrast with the 701.33 million shares valued at N3.3 billion that was exchanged in 5,393 deals on Tuesday.

The NSE All Share Index, ASI, closed lower on Wednesday at 38,844.17 basis points losing by 117.43 points or 0.30 percent when compared with Tuesday’s closing figure of 38,961.60 basis points.

The market capitalisation of entities on the main board also depreciated by N31 billion or 0.25 percent to close on Wednesday at N12.430 trillion as against Tuesday’s closing figure of N12.461 trillion.

International Breweries led the gainers chart on Wednesday appreciating by N1.20k in its share price to close at N25.20k per share.

Flour Mill was second gaining N0.92k in its share price to close at N86.00 per share while Union Dicon was third with a gain of N0.76k in its share price to close at N8.28k per share.

NASCON was fourth with a share price gain of N0.20k to close at N12.85k per share while UBN was last on the chart with a gain of N0.20k in its share price to close at N10.00 per share.

However, Nigerian Breweries was ahead of others on the losers chart shedding N4.99k in its share price to close at N162.01k per share.

Mobil was second with a loss of N1.34k in its share price to close at N118.65k per share while Unilever in third spot lost N0.70k in its share price to close at N59.86k per share.

Ashaka Cement was fourth with a share price loss of N0.50k to close at N20.50k per share while Transcorp was last on the chart with a loss of N0.26k in its share price to close at N3.71k per share.

WAPIC led the top five trades by volume chart on Wednesday with 86.33 million shares worth N82.89 million.

Transcorp was second with 54.42 million volume of shares valued at N203.87 million while Unity Bank was third with 53.99 million shares worth N28.49 million.

Access Bank was fourth with 24.16 million shares worth N232.19 million while Zenith Bank was last on the chart with 18.59 million shares worth N398.72 million.