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 market indices losses 0.72 %

08 February 2013, 09:32

Lagos - The market indices on the Nigerian Stock Exchange (NSE) on Thursday depreciated by 0.72 per cent due to price lost by some major blue chips equities.

The News Agency of Nigerian (NAN) reports that the All-Share Index which opened at 33,460.14 dropped by 240.94 basis points or 0.72 per cent to close at 33,219.20 points.

Also, the market capitalisation depreciated by N77 billion or 0.72 per cent to close at N10.628 trillion against N10.705 trillion recorded on Wednesday.
Nestle led the losers’ chart dropping by N4.99 to close at N830.01 per share.

Glaxo SmithKline followed with N2.23 to close at N47.13 per share, while Presco dipped by N1.01 to close at N25.20 per share.

GTBank depreciated by 99k to close at N25.20, while UBA lost 80k to close at N9.60 per share.

On the other hand, UACN led the gainers’ chart with N2.94 to close at N51.94 per share.

NewGold followed with N2 to close at N2, 568 per unit, while Ashaka Cement grew by N1.68 to close at N26.03 per share.

CAP appreciated by N1.53 to close at N32.14 per share, while MRS rose by N1.30 to close at N27.42 per share.

NAN reports that investors exchanged a total of 702.09 million shares worth N3.9 billion traded in 7,314 deals.

This was against 901.22 million shares valued N6.2 billion traded in 8,191 deals on Wednesday.


Tags nse

Read News24’s Comments Policy

Comment on this story
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...