Capital Market Drops After Five Days Trading

Shares traded in the Nigerian capital market this week dropped as investors traded 1.176 billion shares valued at ₦16.60 billion in 21,076 deals.

This is lesser to 2.449 billion shares worth ₦20.653 billion traded in the capital market in 20,764 deals last week.

The gainer chart was led by CAP Pls which gained ₦19.80kobo from the previous ₦18 per share.

Fidelity Bank’s share price increased by ₦0.30kobo to move from ₦3 to ₦3.30kobo per share.

Learn Africa’s share increased by ₦0.19kobo to move from ₦1.98kobo to ₦2.17kobo per share.

Veritas Kapital’s share gained by by 9.52 percent during the week to close at ₦0.23kobo compared to ₦0.21kobo per share posted last week.

FTN Cocoa share gained 9.37 percent to move from ₦0.32kobo to ₦0.35kobo per share.

The losers chart was led by RT Briscoe which lost ₦0.14kobo to drop from ₦0.80kobo to ₦0.66kobo at the end of the week.

UPDC lost N0.12kobo to close the week with ₦0.88 from ₦1 per share.

GTCO’s share price was down by ₦3.05 to drop from ₦26.20kobo to ₦23.15kobo per share.

UBA lost N1 to end the week with ₦7.65kobo against the ₦8.65kobo per share recorded last week.

Berger Paints’ share price fell by ₦0.80kobo to drop from ₦8.30kobo to ₦7.50kobo per share.

This article was originally published on Nigeria News