NSE Trading Resumes New Week in Bear Zone as Index Sheds 2.40%

Trading activities on the floor of the Nigerian Stock Exchange, NSE, started off the week on Tuesday, March 29, in a downward trajectory after the Easter Holidays

The NSE All Share Index slid by 622.62 basis points to close at 25,277.29 basis points, represented 2.40 per cent decline.

Market turnover closes negative as volume declined by 28.80 per cent against 0.31 per cent downward recorded in the previous session.

At the end of the trading, FCMB Plc was toast of investors with 60,200 million accounted for N46.838 million, Guaranty Trust Bank Plc followed with 34.706 million valued at N503.175 million, UBA Plc with 32.621 million worth N122.066 million, Unity Kapital Plc with 22.456 million at N11.228 million and FBN Holdings Plc with 21.715 million amounted to N70.660 million.

Top on gainers’ log was Total Nigeria Plc with a gain of N6.49 kobo to close at N146.50 kobo, followed by P. Z. Plc with N1.11 kobo to close at N23.90 kobo, Presco Plc with N0.35 gain to close at N34.60 kobo per share, and Dangote Sugar Plc with N0.28 kobo to close at N5.98 kobo per share.

On the other hand Lafarge Africa Plc topped losers chart with N3.95 kobo to close at N77.00 kobo, Dangote Cement Plc with N1.95 kobo to close at N162.05 kobo per share, Unilever Nigeria Plc with N1.42 kobo loss to close at N29.50 kobo per share, and Ashaka Cement Plc with N1.20 kobo to close at N22.80 kobo per share.