Stock market reverses gaining streak, loses N64 billion

Stock market reverses gaining streak, loses N64 billion

July 31,2019



Wema Bank lost 3.23 per cent to close at 60 kobos, and Transnational Corporation of Nigeria (Transcorp) 3.03 per cent to close at 96 kobo, per share.       However, the total volume traded rose by 66.7 per cent to 155.21 million shares worth N2.23 billion, traded in 3,192 deals. Transactions in the shares of Guaranty Trust Bank topped the activity chart with 22.27 million shares valued at N640.11 million.     UBA followed with 21.23 million shares worth N123.79 million, while Zenith Bank traded 14.97 million shares at N276.29 million.     FBN Holdings traded 12.05 million shares valued at N67.53 million, while African Alliance Insurance transacted 10 million shares worth N2 million.


Location: Lagos, Nigeria

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