The Nigerian Stock Exchange has recorded a consecutive decline Wednesday as the All Share Index drops by 0.17% following yesterday’s decline. The market which opened at 25,558.57 to closed at 25,514.09 with a total of 2,306.00 deals being sealed. At the close of trading Market Capitalization stood at N8.827 trillion.
Sitting on top of the gainers list is Guinness Nigeria Plc. which opened at N60.03 and gained 2.61% to close at N62.64. closely followed by Julius Berger which opened at N40 and closed at N41.95 recording a gain of 1.95%. The West African Gas Pipeline Company limited came third on the list of gainers opening at N36 and closing at N37.8 recording a 1.8% gain. Chemicals and allied Products Nigerian Plc followed with a gain of 0.19% opening at N28.10 to close at N28.2. Custodian and Allied Insurance Nigerian Plc followed CAP closely opening at N3.16, gaining 0.15% to close at N3.31.
The losers were lead by Nestle Nigeria Plc with a -10% loss from the opening price of N750 to close at N740. Total Nigeria Plc followed with a -2.1% loss from the opening price of N275 to close at N272.9. Unilever Nigeria Plc which opened at N34 loss -1.7% to close at N32.3 to takes third place on the list. Mobil Nigeria PLC lost -0.99% opening at N298.99 to close at N298. Stanbic IBTC which opened at N18.5 also finds a space on the list with a loss of -0.8% to close at N17.7.
