Trading activities on the floor of Nigerian Stock Exchanged (NSE) yesterday sustained decline profile, shedding N210 billion.
Specifically, market capitalisation of listed equities declined by 1.85 per cent to N11.143 trillion from N11.353 trillion reported yesterday.
The NSE All Share Index also depreciated 558.04 basis points to 29668.73 points from 30226.77 traded on Tuesday.
Investors exchanged a turnover of 542.579 million shares worth N5.662 billion 4146 deals against 376.947 million shares valued at N4.536 billion in 4018 deals
A breakdown of the transactions for the day showed that Nestle Nigeria Plc led gainers table during the day, appreciating by N50.00 to close at N1450.00, Nigerian Breweries followed with a gain of N3.10 kobo to close at N60.00, Oando Plc advanced by N0.10 kobo to close at N4.80 kobo, Sterling Bank added N0.09 kobo to close at N2.48 kobo while Fidelity Bank increased by N0.06 kobo to close at N1.87 kobo
On the contrary, Dangote Cement industry recorded the highest loss during the day, shedding N3.00 to close at N190.00, International Breweries trailed with a loss of N2.50 kobo to close at N23.50 kobo.
Cement Company of Northern Nigeria fell by N1.75 kobo to close at N16.20 kobo Guaranty Trust Bank Plc went down by N1.00 to close at N35.00, Zenith Bank Plc declined by N0.90 kobo to close at N20.40 kobo.
The result further showed that Sterling Bank PLC was the most active stock during the day, trading 144.189 million shares worth N348.934 million, FCMB group followed with account of 68.722 million shares valued at N125.634 million, FBNHoldings exchanged 55.015 million shares cost N414.960 million, Zenith Bank sold a total of 35.702 million shares valued at N739.003 million while Access Bank PLC accounted for 35.404 million shares worth N207.346 million.
