Investors exchange shares worth N3.95bn




By Amaka Ifeakandu

Lagos

Investors yesterday traded 318.147 million shares worth N3.950 billion in 5472 deals this is against 249.348 million shares valued at N5.202 billion exchanged hands the previous day in 4119 deals.
The result showed that Market Capitalisation of Listed equities down N3 billion to N12.763 trillion from N12.766 trillion traded yesterday.
The Nigerian Stock Exchange All Share Index dropped by 10.05 basis points to 36877.15 point from 36887.20 on Wednesday.
A review of the transactions showed that Flour Mills Nigeria Plc led gainers table during the day, growing by N1.58 kobo to close at N33.69 kobo, FBNHoldings followed with an increase of N0.60 kobo to close at N7.11 kobo, NASCON added N0.45 kobo to close at N16.00, United Bank for Africa appreciated by N0.39 kobo to close at N10.00 while Dangote Sugar Refinery Nigeria Plc advanced by N0.28 kobo to close at N15.50 kobo.
Conversely, Nigerian Breweries the highest loss during the day, declining by N4.77 kobo to close at N145.23 kobo, International Breweries trailed with a loss of N1.01 kobo to close at N48.99 kobo, Unilever Nigeria Plc dropped by N1.00 to close at N40.00, PZ industries sheds N0 91 kobo to close at N22.70 kobo while Dangote Cement went down by N0.50 kobo to close at N227.00
Further analysis revealed that FBNHoldings was the most active stock for the day, exchanging 73.408 million shares worth M513.222 million, Union Dicon followed with account of 58.005 million shares valued at N29.002 million, United Bank For Africa exchanged 32.028 million shares cost N316.686 million, Fidelity Bank sold 19.747 million shares cost N30.958 million while Zenith International Bank traded 17.170 million shares worth N441.207 million.

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