Nigerian Breweries bearish as NSE Investors lose N 46 billion. (Market cap.: N 14.920 trillion)

[Melvin]

The Nigerian stock market's a bit weakened as investors were denied profit recording a loss of over N 46 billion hence, influencing the current bearish status of the Dangote Cement and Nigerian Breweries stocks among other stocks.

Market capitalization was hit badly as NSE investor recorded loss of N 46 billion as against a previous loss of N 143.75 billion recorded, with NSE market cap presently telling N 14.920 trillion at the moment from N 14.966 trillion.

The All Share Index fell by -0.31% telling 28,546 basis points presently. Its Year-to-date returns rests at 6.37%.

An overall volume of 569.3 million units of shares worth N 4.91 billion were traded in over 6,101 deals. Market breadth indicated drop to close bearish as UNILEVER topped 25 gainers as against 16 losers headed by Nigerian Breweries.

 

[Melvin]

Top Gainers

-UNILEVER up 9.76% to close at N13.5
-ETERNA up 8.54% to close at N4.45
-GUARANTY up 3.23% to close at N32
-ZENITHBANK up 2.81% to close at N20.1
-AIRTELAFRI up 2.50% to close N410.2

Top Losers

-Nigerian Breweries down 7.07% to close at N48.6
-CONOIL down 5.57% to close at N14.4
-DANGCEM down 4.75% to close at N150.5
-ARDOVA down 2.73% to close at N12.45
-BUACEMENT down 0.84% to close a N41.4