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Home Sectors BUSINESS & ECONOMY NSE Index Loses 0.12% As Profit-taking Kicks Off New Week
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NSE Index Loses 0.12% As Profit-taking Kicks Off New Week

June 13, 2017
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    Transactions at the Nigerian Stock Exchange, NSE,kicked off the new week, on Monday, June 12 in the red as the All Share Index (ASI) dipped by 0.12 percent, due to profit taking by investors.

    At the close of market session, the All Share Index slumped 41.4 points or 0.12 percent from opening figure of 33,276.68 points to close at 33,235.28 points. Likewise, market capitalization shed N14.3 billion to close at N11.489 trillion.

    The activity chart showed International Breweries leading the day’s 30 losers with a loss of 8.63 percent, to close at N29.45 per share. UACN followed with a drop of 5.84 percent to close at N17.40 per share.

    AIICO depreciated 5.36 percent to close at 53 kobo per share, Fidelity Bank fell 4.93 percent to close at N1.35 per share and UPL decreased 4.91 percent to close at N3.29 per share.

    On the other hand, Ashaka Cement led the gainers’ pack adding 10.09 percent to close at 12.77 per share. May & Baker trailed behind with an increase of 3.12 percent to close at N9.86 percent, while Honey Well Flourmills added 9.60 percent to close at N2.17 per share Sterling Bank was up by 9.43 percent to close at N1.16 per share and PZ increased 9.34 percent to close at N24 per share.

    At the end of the day’s trading, investors traded a total volume of 501.1 million shares in 6,635 deals amounting to N6.1 billion.

     

     

     

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