…as Large cap stocks lead losers
Nigerian eq- uities mar- ket deplet- ed further by about N43billion yesterday as largely capitalised stocks led by Guinness Nigeria plc occupied topmost positions on the losers table.
After yesterday trading on the Nigerian Stock Ex- change (NSE), no fewer than 22 stocks gained against 24 losers.
The NSE All Share In- dex (ASI) was down by 0.37 percent to close at 33,478.42 points against the preceding trading day level of 33,602.67 points.
The value of listed equities declined to N11.427trillion from the preceding trading day’s N11.470trillion. In 3,700 deals, equi- ty dealers exchanged 204,993,816 units valued at N7.404billion.
ETI plc, Zenith Bank plc, Access Bank plc, GT- Bank plc, and FBN Hold- ings plc were actively traded stocks on the Ni- gerian bourse yesterday.
Guinness Nigeria plc led the losers table after its share price declined from N184.55 to N174.8, losing N9.75. Dangote Cement plc lost N2, from N177 to N175.
Beta Glass plc declined from N39.28 to N37.32, losing N1.96; Flour Mills of Nigeria plc lost N0.67, from N35.22 to N34.55;
while Forte Oil plc declined from N179.88 to N179.29, los- ing N0.59. On the gainers table, Nigerian Breweries plc led others after its share price rose from N148.03 to N149.9, adding N1.87; Berger Paints plc rose rom N10.2 to N11.24, adding N1.04.
Conoil plc rallied from N40.95 to N41.98, add- ing N1.03; Stanbic IBTC Holdings plc rose by N0.5, from N27 to N27.5; while UAC of Nigeria plc rose from N41.5 to N41.8, adding N0.3.
HEANYI NWACHUKWU
