Transactions on the floor of the Nigerian Stock Exchange, NSE, on Wednesday, February 21, closed a tad bit flat even as value of the bourse lead indices surged slightly.
Consequently, the All Share Index was up marginally by 0.02% as a result of gains recorded in stocks of the Banking sector.
However, market breadth index ended negative with 30 decliners paired against 21 advancers. JapaulOil emerged the biggest gainer of the day adding 5.71%. Meanwhile, Conoil led the laggards’ pack plunging by 9.58%.
NSE Banking Index soared by 1.06% as a result of the 3.28% gain in UBA, the 2.76% gain in FBNH, the 1.60% gain in ACCESS, the 1.59 % gain in Guaranty Trust Bank and the 1.45% gain in Zenith Bank.
The NSE Oil and Gas Index dropped 1.20% owing to to the sell-off in Conoil and Mobil
NSE Consumer Goods Index plunged by 0.92% on the back of 2.73% loss in NB, 2.08% loss in Honeywell flour and 0.72% loss in Nestle.
NSE Industrial Index ended Closed in red dropping 0.89%, largely driven by the 4.32% loss in CCNN, 4.17% loss in Dunlop, 3.51% loss in CUTIX and 1.83% loss in WAPCO.
The most actively traded stock was Custodian with c.94million units of shares worth c.N377million.
