The positive run, which had persisted in the equities section of the Nigerian Stock Exchange for almost two weeks, came to a halt on Friday with major indicators losing marginally.
The market capitalisation of the listed equities fell from12.140tn on Thursday, to close at N12.138tn on Friday.
Similarly, the NSE All-Share Index, dropped from Thursday’s close of 38,334.54 basis points to 38,328.29 points.
The NSE-30 Index was down marginally, shedding 1.5 basis points or 0.08 per cent from 1,008.82 points recorded the previous day to close at 1,812.57 points.
While the Consumer Goods Index also fell – by 0.1 per cent to close at 1,095.99 on Friday, the Banking Index, Insurance Index and NSE Oil and Gas Index appreciated by 0.02 per cent, 0.5 per cent and 1.5 per cent, respectively.
The road transport sub-sector displaced the banking sub-sector to lead on the activity chart, accounting for 28 per cent of total turnover traded.
Trading in the shares of ABC Transport Plc accounted for all 110.191 million shares, valued at N143.238bn, which were traded in 39 deals in the sub-sector.
In all, investors staked N2.856bn on 390.962 million shares in 5,426 deals, as against the 243.887 million shares worth N3.053bn traded in 5,558 deals the previous day.
Conoil Plc emerged the highest price gainer at the close of trading rising by 10 per cent or N2.30 to close at N25.30 per share. It was followed by Forte Oil Plc with a price appreciation of N2.70 or 9.98 per cent to close at N29.76, while MRS Oil Nigeria Plc gained 9.96 per cent or N2.29 to close at N25.28 per share.
Cornerstone Insurance Company Plc, on the other hand, recorded the highest loss on Friday, falling by 10 per cent or six kobo to close at 54 kobo per share.
Trans-nationwide Express Plc followed a 9.95 per cent or 22 kobo loss to close at N1.99, while Nigerian-German Chemicals Plc shed 9.91 per cent or 81 kobo to close at N7.36.