• Friday, April 19, 2024
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BusinessDay

ASI looses marginally as index drops

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The All Share Index (ASI) of the Nigeria Stock Exchange (NSE) dropped marginally Thursday as the index shed 0.003 percent off its value. The Index which opened at 25,514.09 closed the day at 25,514.03. Also, Market Capitalization dipped to close at N8.828 trillion.

Seplat topped the losers’ chart with a loss of N38.72 to close at N359.28 per share.
Guinness trailed with N2.64 to close at N60 and Forte Oil dipped N0.82kobo to close at N45.59 per share. Access Bank also shed N0.22kobo to close at N5.93, while National Salt Company of Nigeria (NASCON) declined by N0.21k to close at N6.91.

On the other hand, Nestle led the gainers’ table, gaining N9 to close at N749 per share.
Wale Adenuga production Plc followed with a gain of N3.2 to close at N41, 7UP Plc grew by N2.29 to close at N80 per share. Also, Guaranty Trust Bank Plc gained N0.3kobo to close at N26.8.

An analysis of the activity on the floor of the Exchange shows that Guaranty Trust Bank Plc emerged the most traded stock on the market with 20,536,561 in volume of trade. Access Bank Plc, UBA, Stanbic IBTC Holdings Plc and Transcorp Plc also saw significant trading volume.