NGX: Shareholders lose N111.7bn to sell-offs in Morison, others

NGX: Shareholders lose N111.7bn to sell-offs in Morison, others
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The worth of investments within the Nigerian capital market crashed by N111.7 billion attributable to sell-offs in Morison and Courtville on Thursday.

This indicated that the market capitalization dropped from N37.37 trillion to N37.26 trillion after 5 hours of buying and selling at the moment.

Equally, the All-Share Index dipped by 204.17 foundation factors to shut at 68,082.11, down from 68,286.28 ASI posted by the bourse on Wednesday.

Traders traded 378.08 million shares valued at N8.37 billion in 8,106 offers on Thursday.

This fell in need of the 378.65 million shares value N5.48 billion traded by shareholders in 7,671 offers the day gone by.

Beta Glass topped the gainers' record with a N4.70 kobo rise in share value to maneuver from N47.15 kobo to N51.85 kobo per share.

Cadbury gained N1.40 kobo to shut at N15.60 kobo, above its opening value of N14.20 kobo per share.

CWG's share value was up by N0.47 kobo to maneuver from N4.79 kobo to N5.26 kobo per share.

Tantalizer's share value rose by 9.52 p.c to maneuver from N0.42 kobo to N0.46 kobo per share.

Guinea Insurance coverage rose from N0.33 kobo to N0.36 kobo per share following a 9.09 p.c development in share value.

READ ALSO: NGX: Traders lose N27.8bn to sell-offs in Ikeja Lodge, CWG, others

Morison topped the losers' desk after shedding N0.28 kobo to drop from N2.83 kobo to N2.55 kobo per share.

Courtville's share value dropped by 7.69 p.c to finish buying and selling at N0.60 kobo from N0.65 kobo per share.

Nascon misplaced N4.15 kobo to finish buying and selling with N56.60 kobo from N60.75 kobo per share.

RT Briscoe misplaced 6.82 p.c to drop from N0.44 kobo to N0.41 kobo per share.

Wema Financial institution's share dropped from N5.45 kobo to N5.10 kobo per share after dropping N0.35 kobo throughout buying and selling.

Oando topped the day's buying and selling with 91.63 million shares valued at N678.96 million.

Omatek adopted with 29.97 million shares value N19.20 million.

Dangote Sugar bought 23.39 million shares value N1.48 billion.

Constancy Financial institution traded 22.16 million shares valued at N193.57 million, whereas Entry Company bought 20.80 million shares valued at N361.86 million.

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