Breaking News
Translate

NSE’s indices drop further by 0.13%

Kindly Share This Story:

NSE’s indices drop further by 0.13%

Key indicators of the Nigerian Stock Exchange closed on Friday with a loss of 0.13 per cent, as turnover volume increased by 73.59 per cent.

Specifically, the All-Share Index, which opened at 38,697.17 inched lower by 48.69 points or 0.13 per cent to close at 38,648.48.

The market capitalisation also inched lower by N25 billion to close at N20.221 trillion from N20.246 trillion achieved on Thursday.

SFS Real Estate Investment Trust topped the losers’ chart in percentage terms, dropping 9.96 per cent to close at N62.40 per share.

Unity Bank trailed with a loss of 9.59 per cent to close at 66k, while Africa Insurance shed 9.09 per cent to close at 20k per share.

READ ALSO: Alleged abuse: Court orders fresh service of court processes on Fani-Kayode

Sovereign Trust Insurance dipped by 7.69 per cent to close at 24k, while Wema Bank declined by 6.15 per cent to close at 61k per share.

On the other hand, Flour Mills led the gainers’ table in percentage terms, growing by 10 per cent to close at N29.70 per share.

Regal Insurance followed with a gain of 10 per cent to close at 33k, while NEM Insurance added 9.73 per cent to close at N2.03 per share.

Northern Nigeria Flour Mills rose by 9.71 per cent to close at N5.65, while Livestock Feeds increased by 9.29 per cent to close at N2 per share.

An analysis of the activity chart shows that Transnational Corporation of Nigeria was the investors’ delight, exchanging 56.93 million shares valued at N45.95 million.

International Breweries followed with an account of 40.88 million shares worth N210.69 million, while Guaranty Trust Bank traded 30.97 million shares valued at N953.64 million.

FBN Holdings exchanged 14.88 million shares worth N105.30 million while Universal Insurance sold 12.83 million shares valued at N2.57 million.

In all, investors traded 293.97 million shares worth N3.77 billion exchanged in 3,760 deals.

This is against a total of 169.35 million shares valued at N2.12 billion traded in 3,568 deals on Thursday.

Vanguard News Nigeria

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!