Transactions on the floor of the Nigerian Stock Exchange (NSE) Tuesday continued on downward trend, dropping by N5 billion.
Specifically, market capitalisation of listed equities declined further by 0.05 per cent to N10.948 trillion from N11.953 trillion reported on Monday.
Also the NSE All Share Index depreciated by 12.78 basis points to 29149.46 points from 29162.24 points traded the previous day.
Investors traded a turnover of 374.026 million shares worth N3.057 billion in 3634 deals, against 455.875 million shares valued at N5.254 billion exchanged hands the previous day in 3993 deals.
According to NSE trading result during the day, Stanbic IBTC led gainers table, increasing by N2.80 kobo to close at N46.00, Guaranty Trust Bank followed with a gain of N2.45 kobo to close at N34.00, Nigerian Breweries gained N0.20 kobo to close at N60.20 kobo, Access Bank added N0.10 kobo to close at N5.70 kobo, May and Baker Nigeria Plc grew by N0.08 kobo to close at N2.38 kobo.
On the contrary, Nascon recorded the highest loss during the day, dropping by N0.95 kobo to close at N19.05 kobo, Ecobank Transnational Incorporated trailed with a loss of N0.75 kobo to close at N10.50 kobo, Dangote Cement industry Plc fell by N0.50 kobo to close at N185.00, Dangote Sugar Refinery Nigeria Plc sheds N0.30 kobo to close at N13.45 kobo, NEM Insurance down by N0.23 kobo to close at N2.10 kobo.
A review of the investment showed that Sterling Bank Plc was the investors delight during the day, accounting for 119.718 million shares worth N311.311 million, Chams Plc followed with 50.233 million shares valued at N14.060 million, FBNHoldings traded 44.585 million shares cost N323.135 million, United Bank for Africa exchanged 26.934 million shares worth N161.941 million while Guaranty Trust Bank sold 24.072 million shares valued N787.990 million.
