Lagos - Transactions on the Nigerian Stock Exchange (NSE) ended on depressed
note on Thursday with the market indices dropping by 0.12 percent.
Market capitalisation lost N15 billion or 0.12 percent to close at N12.517
trillion due to profit-taking.
Also, the All-Share Index dropped by 48.4 points or 0.12 percent to close at
38 969.26 against the 39 017.66 achieved on Wednesday.
Mobil Oil recorded the highest price loss of N4.95 to close at N120.05 per
It was trailed by Flourmill which lost N1.31 to close at N68.49, while
Zenith Bank dipped by 85k to close at N21.25 per share.
Oando depreciated by 84k to close at N16.04, while Nigerian Breweries lost
55k to close at N150.85 per share.
Conversely, Forte Oil led the gainers' chart by N11.40 to close at N122.70
Nestle emerged second with a gain of N2.90 to close at N1 185, while Cadbury
appreciated by N2.25 to close at N77 per share.
Guinness grew by N2 to close at N190, while UACN improved by N1.92 to close
at N59 per share.
In all, investors staked N3.73 billion on 256.93 million shares traded in 4 181
This was against the 290.97 million shares worth N4.31 billion traded in 4 248
deals on Wednesday.
The banking sector dominated trading as ETI exchanged 31.61 million shares
valued at N410.88 million.
Zenith Bank traded 29.69 million shares worth N631.62 million, while Skye
Bank accounted for 22.36 million shares valued at N76.73 million. -
For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.