Trading activities on the floor of Nigerian Stock Exchange (NSE) yesterday sustained declining profile, shedding N6 billion.
Specifically, market capitalisation of listed equities dropped by 0.04 per cent to N14.727 trillion from N14.733 trillion reported on Tuesday. Also Nigerian Stock Exchange All Share Index declined by 16.42 basis points to 40772.26 points from 40788.68 traded the previous day.
Investors traded a turnover of 230.170 million shares worth N4.316 billion in 4090 deals against 1.602 billion shares valued at N10.910 billion in 4729 deals.
The NSE trading result showed that Julius Berger led gainers table, increasing by N1.05 kobo to close at N27.00, Oando Plc followed with a gain of N0.80 kobo to close at N9.05 kobo, Ecobank Bank Incorporated appreciated by N0.50 kobo to close at N19.50 kobo, Northern Nigeria Flour Mills added N0.30 kobo to close at N6.85 kobo, Fidson Healthcare advanced by N0.26 kobo to close at N5.77 kobo.
Seplat Petroleum Development in the other hand, topped losers chart for the day, dropping by N23.90 kobo to close at N702..00, International Breweries trailed with a loss of N1.05 kobo to close at N48.95 kobo, Lafarge Wapco down by N0.95 kobo to close at N45.65 kobo, Nigerian Breweries declined by N0.90 kobo to close at N126.00 while Union Bank of Nigeria sheds N0.30 kobo to close at N6.00
An analysis of the trading result indicated Guaranty Trust Bank of Nigeria Plc was the toast of investors during the day, trading 67.372 million shares worth N2.988 billion, Fidelity Bank followed with account of 14.938 million shares valued at N38.412 million, FBNHoldings traded 14.677 million shares valued at N182.703 million, Japaul Oil and Maritime exchanged 12.850 million shares cost N6.995 million , FCMB group traded 10.294 million shares valued at N25.831 million
