NSE Index Closes Flat, as Market Cap Sheds N23.4billion

Stock Market Remains In Green, Investors Gain N27bn

Transactions on the floor of the Nigerian Stock Exchange, NSE, on Thursday, March 23, remained closed flat following the unchanged abysmal trade from previous trading session.

As such, the All share index closed 25,514.03 points while the market capitalization depreciated by N23.4 million to steady at N8.827 trillion.

The Bourse Price Movement chart showed 20 stocks advanced while 14 declined with Lafarge (WAPCO) sitting atop the the day’s gainers with 8.47 percent to close at N41 per share.

Learn Africa Plc followed with a growth of 4.62 percent to close at 68 kobo per share, Livestock Feeds scooped 4.55 percent to close at 69 kobo.

Sterling Bank appreciated 4.23 percent to close at 74 kobo while Fidson Health Care Pharmaceuticals completed the day’s five top gainers with an increase of 4.12 percent to close at N1.01 per share.

Conversely, Seplat led the day’s losers with 9.73 percent to close at N359.28 per share, Guinness was next with a decline of 4.21 percent to close at N60.

Africa Prudential Registrars fell 3.77 to close at N2.30 per share while Access Bank and Nascon Allied Industries dropped 3.58 and 2.95 percent each to close at N5.93 and N6.91 per share respectively.

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