Losing streak continues at capital market drops 0.23%




in the Nigerian Stock Exchange (NSE) Thursday continued down ward trends, failing by N31 billion. Specifically,

market capitalisation of listed equities declined further by 0.23 per cent to N13. 224 trillion from N13.255 trillion reported on Tuesday. The NSE All Share Index also depreciated by 70.68 basis points to 30029.15 points from 30099.83 points traded the previous day. Investors traded  242.618 million shares worth N5.956 billion in 3153 deals against 233.451 million shares valued at N3.520 billion exchanged hands  in 3169 deals.

An analysis of the transactions showed that Glaxosmith Kline led gainers chart during the day, appreciating by N0.70 kobo to close at N8.35 kobo, Breweries followed with a gain of N0.50 kobo to close at N57.50 kobo, Guaranty Trust Bank gained N0.30 kobo to close at N30.80 kobo, Forte Oil added N0.25 kobo to close at N26.75 kobo while May and Baker increased by N0.14 kobo to close at N2.35 kobo

Presco Plc on the contrary,  topped losers table, failing by N3.00 to close at N55.00, Dangote Cement trailed with a loss of N2.00 to close at N183.00, C & I Leasing Plc dropped by N0.69 kobo to close at N6.30 kobo, Dangote Sugar Refinery Plc down by N0.30 kobo to close at N10.70 kobo while UAC of sheds N0.20 kobo to close at N10.70 kobo, UAC of went down by N0.20 kobo to close at N6.20 kobo

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