Activities at the Nigerian Stock Exchange (NSE) on Friday remained on a negative note, just as investors staked N3.94 billion on 475.01 million shares transacted in 3,007 deals. The News Agency of Nigeria (NAN) reports that the volume of shares traded closed higher compared with 222.19 million shares valued N4.25 billion exchanged in 3,714 deals on Thursday. Multiverse emerged the most traded equity with an exchange of 210 million shares worth N105 million traded in five deals.
It was trailed by Access Bank which accounted for 59.59 million shares valued N298.26 achieved in 255 deals, while Zenith Bank sold 31.91 million shares worth N603.10 million traded in 236 deals. FCMB sold 25.20 million shares valued N73.09 million exchanged in 44 deals and GT Bank traded 23.92 million shares worth N621.87 million transacted in 202 deals.
The market capitalisation dropped further by N9 billion to close at N10.835 trillion against N10.844 trillion recorded on Thursday.
Similarly, the All-Share Index lost 38.97 points or 0.12 per cent to close at 31,729.26 compared with 31,769.23 achieved on Thursday. Forte Oil recorded the highest price loss to lead the losers’ chart, dropping by N5.24 to close at N180 per share. Unilever trailed with a loss of N2.10 to close at N39.90, while Nigerian Breweries dropped by 99k to close at N136.51 per share.
Julius Berger lost 53k to close at N47.97, while Honeywell dipped 17k to close at N3.23 per share. On the other hand, C & 1 Leasing led the gainers’ table, growing by N7 to close at N158 per share. 7UP followed with a gain of N1 to close at N189, Lafarge Africa appreciated by 89k to close at N102 per share. Guinness garnered 87k to close at N139.50 and Okomu Oil Palm increased by 50k to close at N28.50 per share.