With 20 losers to 13 gainers, the market performance was driven by the preponderance of losers to gainers as well as losses suffered by highly capitalised stocks, especially in the industrial goods and fast moving consumer goods sectors.
Nestle Nigeria, the highest-priced stock at the stock market, led the losers with a loss of N19.43 to close at N805.57. Lafarge Africa followed with a loss of N1.28 to close at N46.81. Presco dropped by N1.25 to close at N40.25. Flour Mills of Nigeria declined by 65 kobo to close at N20.05. UACN Property Development Company lost 37 kobo to close at N3.58. E-Tranzact dipped by 28 kobo to N5.41 while Dangote Sugar Refinery lost 18 kobo to close at N6.32 per share.
Conversely, Seplat Petroleum Development Company led the gainers with a gain of N18.37 to close at N385.88. Guinness Nigeria followed with a gain of N3.74 to close at N79.74. Total Nigeria rose by N2.50 to close at N289.50. Guaranty Trust Bank added 15 kobo to close at N24 while United Bank for Africa chalked up 13 kobo to close at N4.31 per share.
As market activities momentum waned, turnover plunged below average with the exchange of 155.58 million shares valued at N1.43 billion in 3,277 deals.