Lagos – Trading on
the Nigerian Stock Exchange (NSE) on Thursday, ended on a negative trend with
the market capitalisation shedding N55 billion due to profit taking. The market
capitalization which opened at N9.687 trillion lost N55 billion or 0.57 per
cent to close at N9.632 trillion. Also, the All-Share lost 161.66 points or
0.57 per cent
to close at 28,046.96 to close at 28,208.62. Nigerian Breweries
topped the losers’ chart, dropping by N1.21 to close at N138.71 per share.
Flour Mills trailed with a loss of 87k to close at N21.14 and Zenith Bank shed
49k to close at N16.31 per share.
Berger Paint declined by 40k to close at
N7.63, while Ecobank Transnational Incorporated lost 35k to close at N12.93 per
share. On the other hand, MRS led the gainers’ table, growing by N3.59 to close
at N38.78 per share. UACN came second with a gain of 22k to close at N20.73 and
Guinness appreciated by 20k to close at N94.20 per share. Pharm Deko increased
by 8k to close at N1.73, while Guaranty Trust Bank appreciated by 3k to close
at N23.50 per share. FBN Holdings emerged the toast of investors’, trading
86.19 million shares worth N289.79 million.
GT Bank followed with an exchange
of 38.61 million shares valued at N902.11 million and Skye Bank traded 22.81
million shares worth N16.20 million.
Zenith Bank exchanged 21.86 million shares
valued at N361.73 million, while United Bank for Africa sold 14.54 million
shares worth N64.44 million. In all, investors’ bought and sold 270.72 million
shares valued at N2.25 billion transacted in 4,609 deals. NAN reports that this
was in contrast with a total of 488.89 million shares worth N4.85 billion
achieved in 4,713 deals on Wednesday. (NAN)
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