Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Friday, August 12, swung farther south following the sustained investors’ apathy.
Consequently, the e All Share Index depreciated by 0.12% to close at 27,246.88 points. Similarly, the Market Capitalization depreciated by 0.12% to close at N9.36trn, compared with the depreciation of 0.51% recorded yesterday to close at N9.37trn.
The depreciation recorded in the share prices of Nigerian Breweries, Nestle, Dangote Cement, Zenith Bank and Access Bank were mainly responsible for the loss recorded in the NSE ASI. Week-on-week, the Index depreciated by 0.65%, while Year-to-Date (YTD), it depreciated by 4.87%.
The three most actively traded stocks are: Diamond Bank (51.35mn), WAPIC (28.71mn) and GT Bank (24.15mn). The most actively traded sectors are: Financial Services (174.86mn); Consumer Goods (4.61mn) and Conglomerates (4.47mn).
The total value of stocks traded on the floor of the bourse was N1.33bn, down by 48.04% from N2.56bn recorded on Thursday, August 11. The total volume of stocks traded was 190.67mn in 2,978 deals.
