Bears maintain grip as market capitalisation dips by 0.16%

Specifically, Market Capitalisation of listed equities depreciated by 0.16 per cent to N13.119 trillion from N13.140 trillion traded the previous day.

The NSE All Share Index also fell by 46.08 basis points to 29772.72 points from  29818.80 traded the previous day. Investors traded 1.233 billion shares valued at N67.891 billion in 3441 deals against  2.912 billion shares worth N11.225 billion in 3324 deals.

A breakdown of the transaction showed that

Forte Oil led gainers table growing by N3.15 kobo to close at N34.65 kobo, Dangote Sugar Refinery followed by N1.00 to close at N12.00, Ecobank  Transnational Incorporated appreciated by N0.80 kob to close at N11.00, Access Bank gained N0.25 kobo to close at N6.70 kobo, NEM Insurance added N0.22 kobo to close at N2.45 kobo

Nestle Nigeria Plc on the other topped losers chart, dropping by N20.00 to close at N1400.00, Seplat trailed by N16.20 kobo to close at N497.00, Presco Plc down by N5.00 to close at N50.00, Conoil Plc dropped by N1.35 kobo to close at N21.65 kobo while MTN Nigeria sheds N1.00 to close at N132.00.

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