The Nigerian Stock Exchange (NSE) All Share Index (ASI) decreased further by 0.91percent on Wednesday, moving from 29,378.63 points to 29,103.21 points at the close of trading session.
This record dip increased the week-to-date (WtD) negative return to -1.75 percent, while the positive return year-to-date (YtD) dropped to +8.45percent.
The value of listed stocks on the Nigerian Bourse decreased to N14.99trillion from preceding day high of N15.13trillion, down by N142billion.
The share price of MTNN recorded the highest decline after it moved from day open high of N125 to N120, losing N5 or 4percent.
GTBank Plc also dropped from N31 to N30, losing N1 or 3.23percent. Also on the top laggards league include Unilever Nigeria Plc which declined from N15.8 to N15, shedding 8kobo or 5.06percent.
The share price of UAC of Nigeria plc also moved down from N10.55 to N10.1, losing 45kobo or 4.27percent, while Access Bank Plc decreased from N10 to N9.65, shedding 35kobo or 3.50percent. Flourmills led the advancers list after moving from N21.15 to N22.35, gaining N1.2 or 5.67percent.
Nigerian Breweries Plc was also on the top gainer list, after rising from N54 to N55, up N1 or 1.85percent. Union Bank of Nigeria Plc stock price rose from N5.9 to N6, adding 10kobo or 1.69percent.
Oando Plc increased from N3.64 to N3.74, adding 10kobo or 2.75percent, while Unity Bank Plc moved up from 60kobo to 65kobo, adding 5kobo or 8.33percent.
Zenith Bank, Unilever, GTBank, FCMB were actively traded stocks. In 2,789 deals, equity dealers exchanged 209,583,630 units valued at N4.003billion.
Iheanyi Nwachukwu
