Transactions on the floor of the Nigerian Stock Exchange, NSE, continued its southward movement on Thursday, January 14 as the All Share Index lost 3.44% to 24,239.98 points, compared with the depreciation of 3.58% recorded on Wednesday, January 13.
Year-to-date (YTD), the Index depreciated by 15.37%.
Likewise, the Market Capitalization slid by 3.44% to close at N8.34trn, compared with the depreciation of 3.58% recorded yesterday to close at N8.63trn.
The losses recorded in the share prices of GT Bank, Nigerian Breweries, Guinness, FBN Holdings and Dangote Cement were mainly responsible for the depreciation in the Index
The total value of stocks traded on the floors of The NSE today was N2.41bn, up by 42.62% from N1.69bn traded yesterday. The total volume of stocks traded was 262.52mn in 2,579 deals.
The three most actively traded stocks were: FBN Holdings (76.44mn), GT Bank (42.51mn) and Zenith Bank (42.22mn). The most actively traded sectors were: Financial Services (232.67mn), Consumer Goods (16.26mn) and Conglomerates (6.96mn).
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