By Amaka Ifeakandu
Lagos
Trading activities on the floor of Nigerian Stock Exchange (NSE) yesterday continued in declining trend, shedding N26 billion. Specifically, the market capitalisation of listed equities increased by 0.25 per cent to N10.423 trillion from N10.449 trillion traded the previous day.
Also, the NSE All Share Index fell by 75.30 basis point to 30330.58 points from 30405.75 points recorded on Monday. Investors traded 300.521 million shares worth N3.048 billion in 3112 deals against 419.948 million shares valued t N2.090 million in 3056 deals.
An analysis of the investment showed that Forte Oil led gainers table growing by N3.20 kobo to close at N263.00, Nigerian Breweries followed with a gain of N1.34 kobo to close at N141.00, Unilever Nigeria Plc gained N0.43 kobo to close at N46.50 kobo, Nascon increased by N0.25 kobo to close at N7.00 and Champion Breweries surged by N0.14 kobo to close at N4.50 kobo.
On the contrary, Seplat Petroleum Development topped losers chart, dropping by N24.36 kobo to close at N225.54 kobo, mobil Oil trailed with a drop of N3.43 kobo to close at N145.07 kobo, Dangote Cement fell by N1.51 kobo to close at N166.50, Cadbury Nigeria Plc declined by N1.10 kobo to close at N22.90 kobo and Guinness Nigeria Plc shed N0.76 kobo to close at N149.99 kobo.
Further analysis showed that Access Bank Plc recorded the highest volume of activities, exchanging 83.358 million shares worth N443.465 million in 152 deals, Wapic Insurance trailed with account of 64.384 million shares valued at N32.192 million in five deals, Zenith International Bank sold 29.565 million shares cost N492.357 million in 226 deals.
Guaranty Trust Bank traded 24.128 million shares worth N580.024 million in 225 dealswhile Diamond Bank sold 13.577 million shares valued at N43.468 million in 77 deals.
