Volatility in the nations equity market continued Wednesday as investors wealth depleted further by N20 billion.
Specifically, market capitalisation of listed equities declined by 0.16 per cent to N12.886 trillion from N12.906 trillion reported on Tuesday. The NSE All Share Index also depreciated by 41.45 basis points to 26472.20 points from 26513.65 traded the previous day
Investors traded 138.470 million shares valued at N3.604 billion in 2487 deals against 174.414 million shares worth N2.317 billion in 2484 deals
A review of the transactions during the day showed that Nestlé Nigeria Plc led gainers, increasing by N4.90 kobo to close at N1220.00, Dangote Flour Mills Nigeria Plc followed with a gain of N0.75 kobo to close at N23.20 kobo, Guaranty Trust Bank gained N0.35 kobo to close at N27.00, African Prudential Plc added N0.10 kobo to close at N4.00, Nigerian Breweries advanced by N0.05 kobo to close at N46.05 kobo.
Stanbic IBTC on the other hands recorded the highest loss during the day, declining by N0.80 kobo to close at N36.25 kobo, Wapco trailed with a loss of N0.65 kobo to N15.35 kobo, MTN Nigeria Communications fell by N0.50 kobo to close at N128.50 kobo, Ecobank Transnational Incorporated down by N0.20 kobo to close at N7.00 while Sterling Bank dipped by N0.15 kobo to close at N1.80 kobo.
