- Seplat Energy stocks declined by 3.03%.
- 552,626 Seplat Energy Plc ordinary shares, valued at about N531.29 million, were traded in 51 completed transactions throughout the day’s trading hours.
Seplat Energy Plc’s share price declined by 3.03% to close at N960 per share at the end of a recent trading session, bringing the market value to N564.91 billion. The value of the petroleum energy company dropped by 303 basis points due to the reduction in share prices, which may be linked to investors’ unfavourable mood.
As a result of sell pressure in the company’s shares, the company’s market capitalization decreased by N17.65 billion at the end of trading on the Nigerian stock exchange. The shares of the quoted company declined from N990.00 per share at the start of the trading day to N960.00 per share, the lowest price traded at the close of the market, to represent a decline of 3.03%, which in monetary terms is N0.30.
The company’s shares dropped from N990.00 per share at the start of the trading day to N960.00 per share at the last trade, representing a reduction of 3.03%, or N0.30 in monetary terms. After the trading day, Seplat Energy Plc’s market capitalization fell from N582.56 billion to N564.91 billion due to profit-taking, resulting in a loss of N17.65 billion.
The company’s shares, which began the year at N650.00 and are now trading at N960.00, have increased 47.69% year to date. Shares of the business are now trading 7.16% below their 52-week high of N1,034.00. However, investors who purchased the company’s shares at their 52-week low trading price of N545.00 per share saw gains of around 76.15%.
552,626 Seplat Energy Plc ordinary shares, valued at about N531.29 million, were traded in 51 completed transactions throughout the day’s trading hours.