Transactions on the floor of the Nigerian Stock Exchange, NSE on Friday, October 21, snapped Thursday’s 0.44 percent growth to 27,598.34 basis points with a decline of 0.01 per cent.
The All Share index of the bourse lost 0.01 per cent with the year to date returns currently standing at -3.65 percent. Likewise market capitalisation slumped by N521 million to close at N9.478 compared to Thursday’s closing figure of N9.479 trillion when the market cap appreciated by N41.3 billion
Market Breadth closed negative as Wema Bank Plc led the day’s 13 gainers against 13 losers led by PZ Cussons Nigeria Plc. Wema Bank added 6.56 percent or 4 kobo to close at 65 kobo per share, while Seplat Petroleum and Nigeria Police Force Micro Finance Bank followed with a 5 percent growth each to close at N386.40 and N1.05 per share respectively.
Other equities gainers were Caverton Offshore Support Group Plc, Neimeth Pharmaceuticals Plc, Honeywell Flourmills Plc and Fidelity Bank Plc.
Oando Plc, Learn Africa Plc, Mobil Plc, Africa Prudential Registrars Plc, Diamond Bank Plc and Access Bank Plc also recorded gains of varied degrees.
On the other hand, PZ Cussons lost 5 percent or 92 kobo to close at N17.48 per share, Cadbury followed with a depreciation of 4.99 percent or 69 kobo to close at N13.13 per share and Sterling Bank came third on the losers chart with a decline of 4.85 percent or 5 kobo in its share price to close at 98 kobo per share.
Unity Bank, Livestock Feeds, Dangote Flour, Wapic Insurance, FCMB, Transcorp, Dangote Sugar, Guaranty, UBA and FBN Holdings completed the list of declining stocks at the end of the day’s trading session.
The three most active stocks were led by FBN Holdings that sold 8.3 million shares worth N25 million, Guaranty Trust Bank Plc followed with the sale of 8.2 million shares valued at N197.7 million while Access Bank Plc sold 7.8 million shares costing N44.0 million.
Market Performance measured by Volume and Value Traded in 1,973 deals settled at 70.9 million units and N656.0 million respectively compared to 111.9 million units and N4.0 billion traded previously.
