Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


NSE Index slips

11 July 2014, 15:01

Lagos - The bullish momentum which had characterised trading on the floor of the Nigerian Stock Exchange (NSE) gave way to profit taking on Thursday when the two major indicators closed in the red.

Equities capitalisation closed lower at N14.199 trillion after it depreciated by N11.569 billion as against N14.211 trillion it recorded on Wednesday
The All-Share Index went down 35.05 basis points or 0.08 percent to close at 43 004 points as against 43 039.42 points recorded on Wednesday.

However, investors traded a total of 310.014 million shares valued at N3.6144 billion in 5 568 transactions as against 209.760 million shares valued at N2.284 billion in 5 150 transactions recorded on Wednesday.

The financial services sector accounted for a total of 224.511 million shares; valued at N1.471 billion in 2 614 deals as against 136.775 million shares; valued at N1.159 billion in 2 584 deals on Wednesday.

 Dangote Cement led 27 others on the decliners’ table with 200 kobo to close at N245.00 per share; followed by Unilever Nigeria which shed 151 kobo to close at N51.50 per share.

Lafarge Cement WAPCO depreciated by 106 kobo to close trading at N111.01 per share.

Nigerian Breweries dropped 72 kobo to close at N174.50 per share; while petroleum marketer, Conoil, slipped by 17 kobo to close at N65.23 per share.

-    NAN

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.


Read News24’s Comments Policy

Comment on this story
1 comment
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...