Tuesday, August 3, 2021

SOVRENINS and FTNCOCOA soar as Nigerian stocks plunge

The stock exchange market made a bearish trend at the end of today’s trading session, posting losses that decreased the index by -5.65 points. The All-Share Index decreased by -0.01% closing at 37,866.90 from 37,872.55 index points.

The stock exchange market value currently stands at N19.74 trillion. Its Year-to-Date (YTD) returns currently stand at -5.97%.
The market breadth closed negative as SOVRENINS led 18 Gainers, and 16 Losers topped by IKEJAHOTEL at the end of today’s session.
The stock market has declined -2,403.82 base points since the start of the year.
NGX ASI top gainers

SOVRENINS up +10.00% to close at N0.33
FTNCOCOA up +9.76% to close at N0.45
CWG up +9.65% to close at N1.25
AIICO up +9.52% to close at N1.15
REDSTAREX up +8.04% to close at N3.36
NGX ASI top losers

IKEJAHOTEL down -9.29% to close at N1.27
UPDC down -9.09% to close at N1.30
WAPIC down -8.47% to close at N0.54
UPL down -7.24% to close at N1.41
UNITYBNK down -6.35% to close at N0.59

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