Lagos - Activities on the Nigerian Stock Exchange (NSE) opened for the week
on Monday on a downward trend, with the volume of shares traded dropping by
Investors staked N6.07 billion on 344.796 million shares in 4 127 deals.
This was against a turnover of 577.438 million shares worth N3.82 billion
exchanged by investors in 4 533 deals on Friday.
Zenith Bank was the toast of investors, accounting for 68.14 million shares
valued at N1.43 billion.
GT Bank came second on the activity chart with 62.33 million shares worth
N1.67 billion, while UBA sold 47.36 million shares valued at N341.00 million.
The market indices declined by 0.22 per cent as a result of losses posted by
some highly capitalised stocks.
NAN reports that the market capitalisation lost N27 billion or 0.22 percent, to close lower at N12.407 trillion, against the N12.434 trillion recorded
The NSE All-Share Index lost 86.65 points or 0.22 percent to close at 38
626.11, compared with 38 712.76 achieved on Friday.
?Nigerian Breweries led the losers' chart, dropping N1.94 to close at N152
It was followed by Zenith Bank and Honeyflour with a loss of 17k each, to
close at N21 and N3.67 per share respectively.
Livestock lost 15k to close at N3.23, while UBCAP went down by 12k to close
at N2.57 per share.
UAC-Property recorded the highest gain for the day, appreciating by N1.16,
to close at N24 per share.
Lafarge Cement trailed with a gain of N1.07 to close at N107.93, while
Stanbic IBTC appreciated by 63k to close at N19.40 per share.
Dangote Sugar gained 57k to close at N9.03, while Flour Mill grew by 50k to
close at N70 per share. -
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