Transactions on the floor of Nigerian Stock Exchange (NSE) yesterday returned to bearish trend after two days public holidays to celebrate Christmas and boxing day, shedding N100 billion.
Specifically, Market Capitalisation of listed equities declined by 0.86 per cent to N11.576 trillion from N11.676 traded on Monday.
The NSE All Share Index declined by 274.38 basis points to 31692.63 points from 31967.01 reported the previously.
Investors traded 452.260 million shares worth N2.608 billion in 3520 deals against 715.035 million shares valued at N5.194 billion exchanged hands in 2789 deals.
A review of the trading activities showed that Forte Oil led gainers table for the day gaining N3.10 kobo to close at N34.35 kobo, Conoil Plc followed with a gain of N2.10 kobo to close at N23.10 kobo, Eterna Oil gained N0.40 kobo to close at N5.00, Nigerian Breweries appreciated by N0.40 kobo to close at N82.50 kobo while Air Service added N0.35 kobo to close at N7.25 kobo.
On the contrary, Dangote Cement Industries recorded the highest loss during the day, dropping by N6.30 kobo to close at N187.70 kobo, Total Nigeria Plc trailed with a loss of N4.00 to close at N196.00, UAC of Nigeria declined by N1.20 kobo to close at N10.80 kobo, Flour Mills Nigeria Plc down by N0.45 kobo to close at N21.10 kobo while FBNHoldings depreciated by N0.40 kobo to close at N8.20 kobo.
The result further showed that MedView Air was the most active stock during the day, exchanging 146.944 million shares worth N293.889 million, NEM Insurance followed with account of 45.990 million shares cost N135.556 million, Transnational Corporation of Nigeria traded 37.501 million shared valued at N48.948 million, Fidelity Bank Plc sold 30.716 million shares worth N61.077 million while Access Bank exchanged 30.414 million shares valued at N212.967 million
