NGX: ETranzact Lead Trading As Investors Lose ₦38.02bn

ETranzact led the trading equities on Friday as investors at the Nigerian stock market lost ₦38.02 billion following the slump in equity capitalization by 0.14 percent.

As a result of the loss, shareholders’ total investment in the equities market fell from ₦25.52 trillion posted on Thursday to ₦25.48 trillion today.

The All-Share Index was down by 70.55 basis points to close at 47,282.67 from 47,353.22 achieved the previous day.

Investors traded 599.50 million shares valued at ₦3.83 billion in 4,113 deals on Friday.

This surpassed 239.73 million shares worth ₦3.89 billion that exchanged hands in 3,848 deals on Thursday.

PZ led the gainers’ chart with N0.75kobo to close at ₦8.60kobo from ₦7.85kobo per share.

CWG gained 8.08 percent to rise from N0.99kobo per share to ₦1.07.

Royal Exchange’s share was up by 7.14 percent to move from ₦1.12kobo to ₦1.20kobo per share.

Niger Insurance’s share appreciated by 5 percent to move from N0.20kobo to N0.21kobo per share.

AIICO gained 4.35 percent to end trading with N0.72kobo from N0.69kobo per share.

MRS topped the losers’ chart, shedding ₦1.35kobo to drop from ₦13.55kobo to ₦12.20kobo per share.

Ikeja Hotel’s share dropped N0.15kobo to end trading at ₦1.37kobo from ₦1.52kobo per share.

WAPIC’s share depreciated from N0.53kobo to N0.48kobo per share after losing 9.43 percent during trading.

Mutual Benefit lost 7.41 percent to end trading with N0.25kobo from N0.27kobo per share.

Access Bank completed the list after shedding N0.60kobo from its market price to drop from ₦10.40kobo to ₦9.80kobo per share.

ETranzact led the trading equities with 331.12 million shares valued at ₦880.81 million.

Fidelity Bank followed with 47.79 million shares valued at ₦143.06 million.

First Bank traded 36.75 million shares worth ₦435.51 million.

Access Bank sold 29.51 million shares worth ₦289.42 million, while UBA traded 28.17 million valued at ₦241.85 million.