Activities on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, November 29, sustained the downward trajectory that has rocked the market for several weeks.
As such, the All Share Index (ASI) fell by 0.34 percent or 84.99 points to close at 25, 233.42 points from Monday’s closing figure of 25, 318.41 points.
Forte Oil was top of the losers’ chart depreciating by 9.74 percent to close at N53.85. Oando trailed behind shedding 5 percent to close at N3.61 per share.
Transcorp Hotel lost 4.90 percent to close at N5.24 per share while Fidelity Bank lost 4.88 percent to close at 78 kobo per share. Honeywell closed the day at N1.02 per share following a depreciation of 4.67 percent.
Conversely, Mobil led the day’s advancers with a 10.25 percent appreciation to close at N241.89 per share. UPL followed with a 4.87 percent growth to close at N4.09 per share, while UAC-Prop recorded a gain of 4.68 percent to close at N2.46 per share.
Total recorded a 3.83 percent growth to close at N254.85 per share and AIICO Insurance added 3.51 percent to close at 59 kobo per share.
During trading session, Wema Bank emerged the most traded stock for the day with 356.2 million shares valued at N181.3 million, Diamond Bank followed with 63.6 million units of shares worth N57.5 million while FCMB came third with the sale of 14.6 million shares worth N15.0 million.
Eco transnational Incorporated (ETI) traded 9.5 million shares worth N92.9 million and Wapic Insurance sold approximately 6.9 million shares at N3.5 million.
Investors traded a total of 511.6 million shares worth N1.695 billion at the end of the day’s trading session in 2,342 deals, representing a 153 percent growth from 202.4 million shares worth N1.616 billion, exchanged in 2,558 deals on Monday.
