Lagos – The bullish trend that had characterised trading on the floor of the Nigerian Stock Exchange suffered a setback on Tuesday when the value of listed equities, mirrored by The All-Share Index and the market capitalisation depreciated by 1.16 percent each.
The All-Share Index shed 378.00 basis points or 1.16 percent to close at 32,200.38 points from 32,578.38 points it closed on Monday, while market capitalisation also went down by N130.4 billion to close at N11.132 trillion from N11.263 trillion it closed the previous day.
Mobil Oil led the decliners’ table when it went down by N31.16 to close at N288.56 per share, it was trailed by building materials’ Dangote Cement which lost N10.50 to close at N199.5 per share, Unilever Nigeria dropped 170 kobo to close at N35.79 per share, Conoil slipped by 167 kobo to close at N39.5 per share, while Mansard Insurance depreciated by 11 kobo to close at N2.37 per share, among others.
Seplat Oil Development Company led gainers for the day when it added N17.5 to close at N367 per share, it was trailed by Nestle Nigeria which raked in N10.00 kobo to close at N965.00 per share, 7up Bottling Company gained 208 kobo to close at N90.04 per share, Lafarge Cement WAPCO grabbed 200 kobo to close at N53.00 per share, while Flour Mills of Nigeria recorded 121 kobo to close at N26.72 per share, among others.
Diamond Bank was the most traded equity on Tuesday with an exchange of 133.511 million shares worth N168.695 million. It was followed by Fidelity Bank having accounted for 76.830 million shares valued at N102.594 million, Access Bank exchanged 69.587 million shares valued at N652.129 million; FBN Holdings recorded 66.465 million shares valued at N484.192 billion while First City Monument Bank traded 59.742 million shares worth N79.271 million.
Source : Independent
Add a Comment