NSE market indices dip marginally, as trading close for the week

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Nigerian Stock (NSE) market indicators on Friday dipped marginally by 0.0.06 per cent, as a result sell continue across trading floors.

All-Share Index fell by 26.69 points or 0.06 per cent to close at 42,891.82 points as against 42,918.82 points posted on .

The market capitalisation, which opened at N14.171 trillion, lost N9 billion or 0.06 per cent to close at N14.162 trillion due to losses by some blue chip equities.

An analysis the indicated Conoil led the losers’ chart with N3.28 to close at N62.32 per share.

Julius Berger followed with N2 to close at N63, while Oando Oil lost 65k to close at N25 per share.

Nigerian Breweries dipped by 61k to close at N175.61, while UAC-Property dropped 44k to close at N17.46 per share.


Conversely, Mobil oil topped the gainers’ chart, gaining N7.72 to close at N162.22 per share.

Guinness garnered 92k to close at N198.02, while NNFM rose by 71k to close at N20.50 per share.

CCNN share increased by 54k to close at N11.80, while PZ Cussons by 51k per share.

Fidelity Bank for the second consecutive day remained the most traded stock, accounting for 139.19 worth N264.71 in 122 deals.

Transcorp recorded a turnover   24.44 valued N143.54 in 278 deals, while FCMB sold 23.55 milion valued N99.58 in 62 deals.

In all, investors traded 374.304 shares worth N3.21 billion in 4,778 deals compared with 365.252 shares valued at N4.43 billion traded in 4,904 deals on . (NAN)