A heavy decline rocked the floor of the Nigerian Stock Market, on Thursday, October 13 , as profit taking persisted on the bourse.
The market capitalisation shed N59 billion to close at N9.568 trillion. Market breadth closed negative with 11 gainers and 27 losers.
Diamond Bank led the gainers table by 4.39 per cent to close at N1.19 per share. Nahco followed with a gain of 4.10 per cent each to close at N3.30, while Dangote Sugar went up by 2.85 per cent to close at N6.50 per share.
Champion Breweries gained by 2.75 per cent to close at N2.62, while livestock appreciated by 2.33 per cent to close at 88 kobo per share.
On the other hand, ETranzact led the laggards’ table by 4.99 per cent to close at N5.14 per share. BOC Gas trailed with a loss of 4.86 per cent to close at N3.52, while Forte Oil declined by 4.82 per cent to close at N152 per share.
Also, Pharamdeko declined by 4.81 per cent to close at N1.78, while Guaranty Trust Bank shed by 4.75 per cent to close at N22.86 per share.
FBN Holdings traded 19.40 million shares worth N58.41 and Transcorp transacted 12.85 million shares valued at N12.94 million.
Transactions in the shares of Access Bank topped the activity chart with 158.10 million shares valued at N887 million. Diamond Bank followed with 79.56 million shares worth N91.58 million, while Fidelity Bank traded 28.81 million shares valued at N24.53 million.
Meanwhile, the total volume traded went up by 144.73 per cent to 380.75 million shares, valued at N1.83 billion, and exchanged in 2,954 deals
