The Nigerian Stock Exchange, NSE, on Wednesday, March 22, continued movements south as major stocks failed to rally.
The All Share Index dipped by 0.17 percent to close at 25,514.17 points to increase the Year-To-Date Losses 5.07 percent. Likewise, market capitalization dropped 15.4 billion to close at N8.8 trillion while the Nigerian Stock Exchange
Price movement chart showed that 15 stocks advanced against 22 losers with Eterna and Unilever leading the 22 companies that dipped in price on Wednesday with a depreciation of 5 percent each to close at N3.04 and N32.30 per share respectively.
UACN followed with a depreciation of 4.96 percent to close at N12.84, International Breweries fell 4.46 to close at N15 per share while Learn Africa dropped 4.41 percent to close at 65 kobo per share.
Conversely, WAPCO led 15 gaining stocks with a growth of 5 percent to close at N37.80, Julius Berger followed with a growth of 4.88 percent to close at N41.95 per share.
Africa Prudential appreciated by 4.82 percent to close at N2.39, Custodian and Allied Insurance Company appreciated 4.75 percent to close at N3.31 while Nigerian Aviation Handling Company completed the day’s five top gainers with an increase of 4.50 percent to close at N2.09 per share.
At the end of trading , investors transactions leaped by 29.3 percent to 198.8 million units from 153.7 million units traded previously while value of shares grew to N2.4 billion as against N1.5 billion previously.
