NGX index declines marginally by 0.05% 

The nation’s equity market performance indicator on Thursday declined marginally, with the NGX All Share Index depreciating by 0.05 per cent to close at 102788.20 points from 102836.13 points reported the previous day.

Market capitalisation of listed equities remained flat at N63.147 trillion at the close of transactions on Thursday. The same level it closed on Wednesday.

An analysis of the investment showed that SCOA Plc led gainers table with 9.76 per cent to close at N3.60 per unit, Daar Communications followed with a gain of 9.09 per cent to close at N0.84 per share, May & Baker gained 8.43 per cent to close at N9.00, Prestige insurance up by 6.82 per cent to close at N1.41 per unit, Redstarex grew by 4.99 per cent to close at N1.41 per unit.

On the contrary, Morison industry topped losers chart, declining by 9.98 per cent to close at N3.61 per unit, C&I Leasing trailed with a loss of 9.91 per cent to close at N3.91 per share, Ikeja Hotel down by 8.89 per cent to close at N12.30 per unit, Neimeth international Pharmaceutical fell by 8.51 per cent to close at N3.44 per unit, SUNU Assurance declined by 8.03 per cent to close at N5.50 per share.

Volume of trades declined by 0.458 million, representing 0.12 per cent as investors traded 394.357 million shares valued at N22.777 billion in 12160 deals against 394.815 million shares worth N15.156 billion exchange hands the previous day in 10766 deals.

Transactions in the shares of GTCO Plc led market activities with 42.144 million shares valued at N2.567 billion, United Bank for Africa followed with 37.446 million shares worth N1.296 billion, Zenith Bank traded 25.154 million shares cost N1.217 billion, AccessCorp exchanged 24.336 million shares worth N601.569 million, Jaiz Bank traded 13.840 million shares cost N41.413 millions.