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NSE indicators slide by 0.75%

21 June 2012, 17:17

Abuja - The market indicators of the Nigerian Stock Exchange depreciated by 0.75 per cent on Thursday as some major blue chips recorded losses after three days of high performance.

The News Agency of Nigeria (NAN) reports that the All-share Index, which opened at 21,510.70, depreciated by 162.59 points or 0.75 per cent to close at 21,348.11.

Similarly, the market capitalisation declined by N51 billion or 0.75 per cent to close at N6.815 trillion against the  N6.866 trillion recorded on Wednesday.

Guinness led the losers’ chart, dropping  N7.08 to close at N220 per share, followed by 7UP with N1.74 to close at N40.26, while Lafarge Wapco dipped by N1.01 to close at N40 per share.

Similarly, GTB depreciated by 70k to close at N15 per share, while UACproperty lost 50k to close at N9.57 per share.

On the other hand, NewGold led the gainers’ chart with a gain of N26 to close at N2,586 per unit, while Presco trailed with 53k to close at N15.50.

The Nigerian Breweries chalked up 50k to close at N100 per share while Unilever grew by 24k to close at N29.30 per share.

In all, investors exchanged a total of 239.79 million shares worth N1.4 billion in 3,795 deals on Thursday, against the 165.11 million shares worth N1.2 billion traded in 3,691 deals on Wednesday.



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