Equity trading activities on the floor of the Nigerian Stock Exchange closed negative on Thursday with the NSE All-Share Index shedding 0.21 per cent or 82.66 basis points to close at 38,928.65 basis points.
The market capitalisation of the listed equities also depreciated; falling by N27bn or 0.21 per cent to close at N12.451tn, a day after it gained N12bn or 0.09 per cent to close at N12.478tn.
In the same vein, the NSE 30 Index was down by 0.07 per cent to close at 1,802.17 basis points, from 1,803.46 points recorded the previous day.
The NSE Banking Index and the NSE Oil/Gas Index fell by 0.68 per cent and 1.6 per cent to close at 409.10 basis points and 291.65 basis points.
However, the NSE Consumer Goods Index rose by 0.59 per cent to close at 1,121.79 basis points, while the NSE Insurance Index gained 0.21 per cent or 0.32 basis points to close at 145.54 points.
After investors exchanged 252.655 million shares worth N2.583bn in 4,717 deals, a total of 23 stocks recorded price appreciation, while 28 other stocks recorded price depreciation.
Costain (West Africa) Plc led the price gainers’ chart, rising by 9.88 per cent or eight kobo to close at 89 kobo per share. Jos International Breweries Plc followed closely on the chart, rising by 9.80 per cent or 35 kobo to close at N3.92 per share.
Cadbury Nigeria Plc and DN Meyer Plc gained 5.01 per cent and five per cent to close at N65.85 and N1.47 per share respectively, while Neimeth Pharmaceuticals Plc added 4.63 per cent or five kobo to close at 1.13 per share.
Transnational Corporation of Nigeria Plc led the price losers, shedding 9.45 per cent or 41 kobo to close at N3.93 per share.
Forte Oil Plc and Livestock Feeds Plc shed five per cent and 4.96 per cent to close at N108.73 and N4.41 per share, respectively, while NEM Insurance Plc and RedStar Express Plc fell by 4.84 per cent and 4.76 per cent to close at 59 kobo and N4.20 in that order.
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