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Home Sectors BUSINESS & ECONOMY NSE Index Slides By 0.25% As Bear Sentiment Opens New Week
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NSE Index Slides By 0.25% As Bear Sentiment Opens New Week

July 19, 2016
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    Stock Market Remains In Green, Investors Gain N27bn

    Trading activities at the Nigerian Stock Exchange, NSE, ended in the negative zone on Monday, July 18, as the market reversed previous gain with the lead indicators shedding 0.25%  in contrast to 0.36 percent gained during Friday’s session.

     

    The NSE All Share Index, which opened the day at 28,805.45 points closed at 28,733.90 points following a loss of 71.55 points.

    Skye Bank emerged the most traded, accounting for 138.26 million shares worth N88.29 million. It was followed by FBN Holdings which sold 36.89 million shares valued at N136.13 million, while UBA accounted for 30.72 million shares valued at N140.04 million.

    Zenith Bank traded 17.66 million shares worth N289.45 million and Access Bank recorded a turnover of 10.24 million shares valued at N55.83 million. (NAN)

    In spite of the drop recorded by market indices, the volume of shares traded closed higher with an exchange of 315.58 million shares worth N1.72 billion transacted in 3,976 deals,  in contrast with 272.53 million shares valued at N1.69 billion exchanged in 4,078 deals on Friday.

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