• Sunday, March 03, 2024
businessday logo

BusinessDay

NSE’s market indices dip by 0.31%

NSE

NSE-2Equity transactions at the Nigerian Stock Exchange (NSE) on Thursday closed on a downward trend as market indicators showed a drop of  0.31 per cent in the volume of traded shares.

The All-Share Index declined by 128.2 points, closing at 40,757.20 as against 40,885.40 posted on Wednesday.

Market capitalisation, which opened at N13.50 trillion dropped by N43 billion to close at N13.457 trillion.

Seplat, which lost N20 in value of its shares and closed at N670 per share, led the losers’ chart.

Forte Oil came second on the chart with a loss of N4.98 to close at N225, while PZ Cussons lost 78k to close at N35 per share.

Prembrew dipped by 37k to close at N4.02, while Dangote Sugar dropped 24k to close at N8.65 per share.

Conversely, Conoil topped the gainers’ table by N5.73 to close at N53.16 per share.

Guinness garnered N5.46 to close at N168.04, while Dangote Cement rose by N2 to close at N218 per share.

Oando Oil improved by 49k to close at N25.2, while CAP garnered 3k to close at N39.4 per share.

 Access Bank emerged the most traded stock, accounting for 38.84 million shares worth N368.19 million.

UBCAP recorded a turnover of  34.03 million shares valued N70.68 million, while UBA sold 22.47 million shares valued at N162.88 million.

GTBank traded 21.47 million shares valued at N640.77 million, while Transcorp accounted for 16.13 million shares valued at N100.93 million.

In all, a total of 267.099 million shares worth N3.06 billion were traded in 4,756 deals as against 386.56 million shares valued at N3.79 billion traded in 5,193 deals on Wednesday.

 (NAN)