Barely three days to governorship and state house of assembly election, volatility returned in the nation’s equity market, haulting two days bullish trend, shedding N20 billion.
Specifically, market capitalisation of listed equities declined by 0.17 per cent to N11.978 trillion from N11.998 trillion traded on Tuesday.
Also the NSE All Share Index dropped by 51.92 basis points to 32121.74 points from 32173.66 points reported the previous day. Investors traded 208.604 million shares worth N2.784 billion in 3246 deals against 400.869 million share valued at N3.464 billion in 3885 deals.
An analysis of the investment during the day showed that Dangote Cement Industry led gainers table during the day, appreciating by N0.50 kobo to close at N196.50 kobo, Guaranty Trust Bank Plc followed with a gain of N0.35 kobo to close at N37.95 kobo, Access Bank increased by N0.10 kobo to close at N6.10 kobo, United Capital added N0.05 kobo to close at N3.30 kobo, GBNHoldings gained N0.05 kobo to close at N8.15 kobo.
On the contrary,Seplat Petroleum Development Plc recorded the highest loss during the day, declining by N22.10 kobo to close at N596.90 kobo, Cement Company of Northern Nigeria trailed with a loss of N1.00 to close at N19.00, Glaxosmith Kline fell by N0.40 kobo to close at N11.50 kobo, Ecobank Transnational Incorporated fell by N0.30 kobo to close at N13.70 kobo while Etranzact sheds N0.29 kobo to close at N2.64 kobo.
However, Zenith International Bank was the most active stock during the day, trading 45.371 million shares worth N1.112 billion, Guaranty Trust Bank followed with account of 23.081 million shares cost N872.940 million, Fidelity Bank Plc traded 20.170 million shares valued at N46.463 million, Access Bank exchanged 15.610 million shares valued at N94.183 million while Transnational Corporation of Nigeria traded 13.859 million shares cost N17.538 million.
