Capital Market Indicators Shed 0.07% As Blue Chip Stocks Record Huge Losses

The market capitalization shed  N6 billion or 0.07 per cent to close at N8.082 trillion against N8.088 trillion recorded on Thursday, February 4, News Agency of Nigeria (NAN) reports.

An analysis of the price movement chart showed that Forte Oil led the losers’ chart, dropping by N10 to close at N300 per share.

Beta Glass trailed with a loss of N3.45 to close at N50, while total fell by N2.50 to close at N140 per share.

Okomu Oil lost N1.50 to close at N29 and Glaxosmithkline dropped N1.21 to close at N23.16 per share.

Conversely, Mobil recorded the highest gain leading the gainers’ table with N7.03 to close at N147.63 per share.

Seplat chalked up N6.91 to close at N243, while UACN improved by N1.89 to close at N20.89 per share.

Nigerian Breweries rose by 95k to close at N96.05, while International Breweries gained 90k to close at N20.45 per share.

NAN also reports that investors’ bought and sold 554.65 million shares valued N4.32 billion exchanged in 2,304 deals.

This was in contrast with 2.64 billion shares worth N3.74 billion traded in 3,057 deals on Thursday.

FBN Holdings was the toast of investors’ having accounted for 237.99 million shares valued N941.99 million.

Zenith Bank traded 219.75 million shares worth N2.44 million, while Transcorp sold 21.78 million shares valued N24.94 million.

FCMB Group recorded a turnover of 15.83 million shares worth N253.26 million, while GT Bank accounted for 15.83 million shares valued 253.26 million. (NAN)