[Nigerian Stocks] Transcorp Just Got Battered

The Nigerian Stock Exchange closed on a negative note, as the All Share Index (ASI), dipped by 2.09% today to close at 23,333.34.

Transcorp topped the losers chart, but banking stocks made up the lot of the top 10 losers, as a total of 5 banks (UBA, FCMB, Zenith Bank, FBNH, and Access Bank) were on the losing side.

Here is a snapshot of today’s trading:

ASI:23,333.34

DEALS: 3,465

VOLUME: 260,480,900

VALUE: 1,704,762,197.29

CAP: 8,024,771,253,981.47

Transcorp opened at N1.31 and closed at N1.19 today shedding 9.16%,

UBA opened at N2.98 and closed at N2.75 today losing 7.72%

FCMB lost 7.62% to close at N0.97

Zenith Bank lost 7.59% to close at N11.20

Access lost 7.54% to close at N3.80

SEPLAT topped the gainers chart with an 8.26% rise in its share price to close at N185

CADBURY also gained 4.96% to close at N16.71