Transactions on the floor of the Nigerian Stock Exchange, NSE, closed the last trading day on Friday, September 2, on a negative as the All Share Index lost 2.33 percent to close at 27,756.67 points.
Similarly, the Market Capitalisation lost N226.2 billion to close at N9.525 trillion in comparison to N282 billion gained yesterday to close at N9.761 trillion.
Despite a positive market breadth of 21 gainers to 12 losers, the year to date losses crashed to -3.09 percent from -0.78 percent recorded previously.
Dangote Cement Plc reversed yesterday’s position to lead the day’s declining stocks following a decline of 7.85 percent or N14.99 in its share price to close at N176.01 per share.
Africa Prudential Registrars Plc lost 4.791 percent or 13 kobo to close at N2.52 per share, Caverton Offshore Plc dropped 4.32 percent or 6 kobo to close at N1.33 per share, Oando Plc depreciated by 4.23 percent or 21 kobo to close at N4.76 per share and Unity Bank Plc fell 3.85 percent or 3 kobo to close at 75 kobo per share.
On the flip side Wema Bank Plc led the day’s advancing stocks having improved by 8.70 percent or 6 kobo to close at 75 kobo per share, FCMB Plc added 7.48 percent or 8 kobo to close at N1.15 per share.
Seplat Petroleum Plc followed with a growth of 5.00 percent or N15.15 to close at N318.33 per share, Cadbury Plc gained 4.29 percent or 60 kobo to close at N14.60 per share, and Sterling Bank Plc appreciated by 4.12 percent or 4 kobo to close at N1.01 per share.
The top three traded stocks were: Guaranty Trust Bank Plc with the sale of 79.4 million shares worth N2.1 billion, UBA Plc followed, trading 73.9 million stocks valued at N321.0 million and Fidelity Bank Plc exchanged 43.3 million shares worth N39.5 million.
The total value of stocks traded on the floors of the bourse totaled to N3.4 billion, while a total of 309.4 million shares exchanged hands in 3,723 deals.
