Home Business NSE market indices down by 0.26 per cent

NSE market indices down by 0.26 per cent


Lagos  –  Market indices at the Nigerian Stock Exchange recorded further depreciation for the fifth consecutive day on Friday, dropping by 0.26 per cent.
The News Agency of Nigeria (NAN) reports that All-Share Index at the day’s transactions lost 71.92 points or 0.26 per cent to close at 28,131.28 points as against 28,203.20 points achieved on Thursday.
Similarly, market capitalisation dropped by N25 billion or 0.26 per cent to close at N9.67 trillion from N9.70 trillion posted on Thursday.
Seplat recorded the highest price loss on the losers’ table, dropping N7.90 to close at N222.10 per share.
Okomu Oil came second with a loss of N1.15 to close at N26.33 per share, while Oando lost 66k to close at N6.20 per share.
GT Bank shed 52k to close at N21.50 per share and International Breweries declined by 50k to close at N16.50 per share.
Conversely, Nestle led the gainers’ table growing by N7 to close at N817 per share.
Access Bank followed with a gain of 13k to close at N4.79 per share, while E-tranzact garnered 12k to close at N2.58 per share.
Livestock increased by 7k to close at N1.47 per share and Custodian and Allied Insurance inched up by 4k to close at N4.10 per share.
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In all, investors’ bought and sold 142.61 million shares worth N1.05 billion in 2,528 deals as against a total of 174.85 million shares valued N1.05 billion achieved in 2,271 deals on Thursday.
Access Bank was investors’ delight as it alone accounted for 52.63 million shares worth N243.87 million traded in 108 deals.
Diamond Bank followed with 19.49 million shares valued at N49.30 million exchanged in 78 deals, while FBN Holdings sold 9.59 million shares worth N47.82 million in 303 deals.
Fidelity Bank traded 5.53 million shares valued at N7.69 million transacted in 58 deals and GT Bank had 5.25 million shares worth N112.95 million in 222 deals. (NAN)

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