Stock Market Crash: Index Loses 0.61% on Bearish Trend

Nigerian Stock market closed Friday, July 3, on a negative note as the All Share Index shed 0.61 per cent to close at 32,538.34 points from 32,739.11 on Thursday, July 2.

 

Similarly, the market capitalization dipped to N11.107 trillion from N11.176 trillion on Thursday,July 2.

 

Trans Express led 17 stocks on the gainers’ chart with a gain of N0.07 or 5.51 per cent to close at N1.34 followed by Portland Paint that gained N0.23 or 4.93 per cent to close at N4.90 while UACN gained N1.99 or 4.68 per cent to close at N4.68

 

However, Champion led 26 stocks in the loser’s table with a loss of N0.29 or 4.88 per cent to close at N5.65, followed by Dangote Flour that lost N0.18 or 4.74 per cent to close at N3.62 while Evans Medical lost N0.05 or 4.55 per cent to close at N1.05.

 

Altogether, a total 138,554,631 stocks worth N1.545 billion were traded in 2,796 deals.