By Amaka Ifeakandu
Lagos
Transactions on the floor of the Nigerian Stock Exchange (NSE) yesterday declined by N103 billion. Specifically, the market capitalisation of listed equities fell by 1.08 per cent to N9.569 trillion from N9.466 trillion traded the previous day. Also the NSE All Share Index decreased by 300.86 basis points to 27533.03 points from 27833.89 points traded on Monday.
Investors traded 485.040 million shares worth N4.453 billion shares in 2783 deals against 127.819 million shares valued at M2.446 billion in 2434 deals. An analysis of investment Mobil Oil Plc led the gainers table, gaining N8.30 kobo to close at N132.41 kobo, Unilever Nigeria Plc followed with a gain of N3.50 kobo to close at N45.50 kobo, Guinness Nigeria Plc increased by N1.75 kobo to close at N45.50 kobo, Total Nigeria Plc appreciated by N1.01 kobo to close at N148.01 kobo and Julius Berger grew by N0.45 kobo to close at N37.81 kobo.
On the contrary, Forte Oil topped losers chart, dropping by N12.75 kobo to close at N235.90 kobo, Nigerian Breweries trailed by N2.50 kobo to close at N113.00, Lafarge Wapco fell by N1.99 kobo to close at N90.01 kobo. 7UP Bottling Company declined by N1.90 kobo to close at N181.10 kob and Presco Plc depreciated by N1.50 kobo to close at N31.00.
Further analysis of the investment indicated that Multiverse Plc recorded the highest volume of activities, trading 146.145 million shares worth N73.073 million in two deals, Guinea Insurance followed with account of 127.127 million shares valued at N63.536 million in five deals, United Bank for Africa (UBA) sold 27.538 million shares cost N102.990 million in 173 deals. GTBank traded 26.827 million shares valued at N513.635 million in 271 deals and Unilever Nigeria Plc sold 26.827 million shares cost N1.098 billion in 38 deals.
