By Amaka Ifeakandu
Lagos
Lagos Transactions on the floor of the Nigerian Stock Exchange (NSE) yesterday sustained declining profile following the loss the recorded by blue chip companies.
Specifically, the market capitalisation of listed equities depreciated by N140 billion to N13.396 trillion from N13.536 trillion recorded the previous day. Also the NSE All Share Index went down by 472.77 basis points or 1.03 per cent to 40572.25 points from 40995.02 points traded the previous day.
A review of the trading showed that investor sold 698.841 million shares worth N6.068 billion in 4833 deals against a total of 408.897 million shares worth N5.727 billion in 4,678 deals.
Forte Oil topped losers chart dropping N7.45 kobo to close at N217.55 per share. Dangote Cement’s trailed as its depreciated by N4.65 to close at N215.15 kobo, while Total dipped by N4.50 kobo to close at N175.50 kobo per share.
Glaxosmith, CCNN fell by N1 and N0.73 kobo to close at N61 and N15.02 per share.
On the gainers’ chart, Mobil recorded the highest gain, growing by N2.92 kobo to close at N176 per share. Conoil followed with N2.46 kobo to close at N51.82 kobo, while Champion grew by N1.39 kobo to close at N14.99 per share.
Nigerian Breweries rose by N1.30 kobo to close at N180.10 and International Breweries appreciated by 57 kobo to close at N31.47 per share.
Financial Service sector led activities for the accounting for 192.269 million shares valued at N2.385 million in 2585 deals. Banking sub-sector was the most active in the sector with account of 158.040 million shares valued at N2.134 billion in 1715 deals. Zenith Bank sold 36.848 million shares cost N883.403 million shares worth 318 deals.
