Home Finance Capital market indices dip by 0.20%

Capital market indices dip by 0.20%

by Business News Report

Trading activities on the Nigerian Stock Exchange (NSE) ended on a negative note with some major blue chips equity recording price losses. The All-share index also depreciated by 55.4 basis points or 0.20 per cent to close at 27,346.65 points as against 27,402.05 recorded on Friday. Also, the market capitalisation, which opened at N8.755 trillion, depreciated by N18 billion or 0.20 per cent to close at N8.737 trillion.
GTBank led the losers’ chart with a loss of N1.10 to close at N22.25 per share. Oando came second with 23k to close at N12.22 per share, while John Holt dropped by 17k to close at N3.40 per share. UBA lost 14k to close at N4.38 while Mayer&Baker dipped by 7k to close at N1.48 per share. On the other hand, Nigerian Breweries led the price gainers’ chart with a gain of 70k to close at N145 per share.
Zenith followed with 40k to close at N18.60 per share, while Forte Oil grew by 38k to close at N8.13 per share. ETI gained 18k to close at N10.80 while RT Briscoe rose by 5k to close at N1.39 per share. In all, investors bought a total of 116.08 million shares worth N1.3 billion traded in 2,006 deals. This is against the 217.86 million shares worth N2.4 billion exchanged in 3,711 deals on Friday.

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