Lagos - Weekly transactions on the Nigerian Stock Exchange (NSE) opened on
Monday on downward trend with the All-Share Index depreciating marginally by
The Index lost 188.59 points to close at 37 601.53 from the 37 790.12
recorded on Friday.
Similarly, the market capitalisation, which opened at N12.136 trillion,
dropped N58 billion to close at N12.078 trillion.
Julius Berger led the losers' chart with a loss of N3.75 to close at N71.25
Forte Oil trailed with a loss of N3.36 to close at N90.50, while Nigerian
Breweries depreciated by N1.89 to close at N151 per share.
Mobile dropped N1.86 to close at N123, while Standbic IBTC Bank lost 65k to
close at N20.35 per share.
Conversely, Guinness topped the gainers' table with N5.15 to close at N169
Presco followed with a gain of N1.92 to close at N40.72, while Oando rose by
N1.64 to close at N17.68 per share.
Dangote Sugar appreciated by 87k to close at N9.68, while Berger gained 74k
to close at N9.30 per share.
The volume of shares traded dropped by 18.20 percent as a total of 253.339
million shares worth N3.36 billion were traded in 4 459 deals.
ETI was the toast of investors, accounting for 65.77 million shares
worth N887.02 million in 67 deals.
UBA came second on the activity chart with 26.34 million shares valued
at N187.46 million traded in 272 deals, while FBN Holdings sold 22.35
million shares worth N269.67 million in 620 deals.
Access Bank traded 21.79 million shares worth N165.26 million in 169 deals,
while Zenith Bank sold 17.11 million shares valued at N345.72 million in 251
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