Transactions on the Nigerian Stock Exchange, NSE, closed in the Red zone on Friday, January 8, as the All Share Index dropped by 0.87 per cent to close at 27,028.39 points from 27,266.18 on Thursday, January 7.
Similarly, market capitalization plunged from N9.377 trillion to N9.296 trillion.
Okomu Oil led the gainer table of seven stocks with the highest gain of N3.25 gain or 9.85 per cent to N36.25 followed by Dangote Sugar with a gain of N0.28 or 4.86 per cent to close at N6.04 followed by Ikeja Hotel that gained N0.15 or 4.81 per cent to close at N3.27 per share.
On the other hand, Honywell Flour topped 29 stocks on the losers’ chart with N0.17 loss or 8.95 per cent to close at N1.73 followed by Unity Bank that lost 0.08 or 8.60 per cent to close at N0.85 per share, and Flour Mill that lost N1.04 or 5 per cent to close at N19.76 per share.
All together, a total of 235,554,505 shares worth N1.938 billion exchange hands in 2,953 deals.
