{"id":158644,"date":"2019-10-08T19:47:28","date_gmt":"2019-10-08T18:47:28","guid":{"rendered":"https:\/\/arewa.ng\/?p=158644"},"modified":"2019-10-08T20:02:16","modified_gmt":"2019-10-08T19:02:16","slug":"nigeria-equity-market-investors-lose-n59-billion","status":"publish","type":"post","link":"https:\/\/arewa.ng\/?p=158644","title":{"rendered":"Nigeria Equity Market: Investors Lose N59 Billion"},"content":{"rendered":"<div><span class=\"ds-1col file file-image file-image-jpeg view-mode-embedded centered clearfix block-story-object block-story-object-resource block-story-object-resource-image\"><br \/>\n<span class=\"block-story-object-asset\"><img decoding=\"async\" class=\"media-element file-embedded\" typeof=\"foaf:Image\" src=\"http:\/\/arewa.ng\/wp-content\/uploads\/2019\/07\/Nigerian-Stock-Exchange-Indicators-Up-By-0.20-After-Downward-Trends.jpg\" alt=\"\"><\/span><br \/>\n<\/span><\/p>\n<p><span class=\"container container-pod container-pod-short\"><span class=\"adunit-parent hide block-module block-module-ad block-module-ad-300x250\"><span class=\"block-module-image-wrapper\"><\/span><\/span><\/span><\/p>\n<p>Transactions on the equities market of the Nigerian Stock Exchange ended with the all share index closing at 26,866.41 basis points, 0.45% or 121.04 basis points lower from Friday\u2019s close of 26,987.45 basis points.<\/p>\n<p>The market capitalization also fell by 0.45% or N59 billion to close trading on Monday at N13.078 trillion compared with the previous closing of N13.137 trillion on Friday.<\/p>\n<p>The market traded 151,715 million units of shares valued at N1.504 billion in 2,854 deals.<\/p>\n<p>FCMB emerged the most traded stock with 55,672 million units of shares traded at N89.062 million.<\/p>\n<p>Seventeen stocks recorded gains, 16 stocks declined while others remained unchanged.<\/p>\n<p>Top on Monday\u2019s gainers\u2019 list is Courteville Business Solutions Plc which opened trading at 0.20k per share and closed at 0.22k per share, gaining 0.02k or 10.00 percent.<\/p>\n<p>Africa Prudential Plc opened at N3.52k per share and closed at N3.87k per share, gaining 0.35k or 9.94 percent.<\/p>\n<p>Then, Associated Bus Company Plc opened at 0.34k per share and closed at 0.37k per share, gaining 0.03k or 8.82 percent.<\/p>\n<p>Conversely, however, Cornerstone Insurance Plc led the losers\u2019 chart with a closing price of 0.36k per share, 0.04k or 10.00 percent decline from Friday\u2019s close of 0.40k per share.<\/p>\n<p>While Seplat Petroleum Development Company Plc fell from N555 per share to N517 per share by N38 or 6.85 percent.<\/p>\n<p>Then Cadbury Nigeria Plc fell to N9.85k per share on Monday by 0.60k or 5.74 percent from Friday\u2019s price of N10.45k per share.<\/p>\n<p>Meanwhile, a total turnover of 660.654 million shares worth N9.189 billion in 12,032 deals were traded last week by investors on the floor of the stock exchange in contrast to a total of 1.097 billion shares valued at N16.693 billion that exchanged hands in the preceding week in 14,717 deals, Voice of Nigeria reports.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Transactions on the equities market of the Nigerian Stock Exchange ended with the all share index closing at 26,866.41 basis points, 0.45% or 121.04 basis points lower from Friday\u2019s close of 26,987.45 basis points. The market capitalization also fell by 0.45% or N59 billion to close trading on Monday at N13.078 trillion compared with the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":137087,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[2658],"class_list":["post-158644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-a"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/158644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=158644"}],"version-history":[{"count":0,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/158644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/media\/137087"}],"wp:attachment":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=158644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=158644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=158644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}