By Amaka Ifeakandu,
Lagos
Trading activities on the flour of Nigerian Stock Exchange yesterday continued with declining profile, shedding N130 billion. Specifically, the market capitalisation of listed equities dropped by 1.3 per cent to N9.306 trillion from N9.436 trillion recorded in the previous day. Also the NSE All Share Index went down by 377.30 basis points to 27098.18 points from 27475.48 traded on Tuesday. Investors for the day exchanged 261.008 million shares worth N1.215 billion in 3591 deals against 183.238 million shares cost N2.014 billion in 3488 deals.
A breakdown of the investment for the week showed that Forte Oil recorded the highest gain during the day appreciating by N9.80 kobo to close at N205.80 kobo, Nestle Nigeria Plc followed with a gain of N2.00 to close at N757.00, Flour Mills Nigeria Plc gained N1.06 kobo to close at N22.36 kobo, UAC of Nigeria appreciated by N0.85 kobo to close at N19.85 kobo while Ecobank Transnational Incorporated increased by N0.62 kobo to close at N17.12 kobo.
On the contrary, Nigerian Breweries topped losers chart for the day, shedding N6.65 kobo to close at N130.01 kobo, Dangote Cement trailed with a loss of N4.99 kobo to close at N165.00, Cap Plc fell by N1.88 kobo to close at N36.12 kobo, Dangote sugar declined by N0.47 kobo to close at N6.33 kobo and Guinness Nigeria Plc dropped by N0.46 kobo to close at N99.54 kobo.
