Transactions on the floor of Nigerian Exchange (NGX) yesterday sustained bearish run, dropping by N19 billion as profit taking persist in market.
Market capitalisation of listed equities declined by 0.07 per cent to N26.775 trillion from N26.794 trillion reported the previous day.
The NGX’s All Share Index also depreciated by 33.86 basis points to 49642.69 points from 49676.55 traded on Monday.
Investors traded 125.949 million shares valued at N3.073 billion in 4145 deals against 232.944 million shares worth N2.186 billion exchanged hands the previous day in 4425 deals.
A review of the trading activities for the day indicated that E-tranzact led gainers table during the day, gaining 9.65 per cent to N2.50, Sovereign Trust Insurance followed with a gain of 7.69 per cent to N0.28, Vitafoam Nigeria Plc gained 7.27 per cent to N23.60, Japaul Gold added 6.45 per cent to N0.33, Chi Plc increased by 4.84 per cent to N0.65.
On the contrary, Courtvellle Business Solutions topped losers chart during the day, shedding 7.69 per cent to N0.48, FCMB group trailed with a drop of 4.06 per cent to N3.07, UPDC fell by 3.77 per cent to N1.02, Nahco dipped by 3.72 per cent to N5.70, Cadbury Nigeria Plc fell by 2.99 per cent to N13.00.
