Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, February 27, slipped into south after a two consecutive day healthy run.
As such, the All-Share Index, ASI, depreciated by 0.66 percent or 279.92 points to settle at 42,299.56 points, shrinking the year-to-day return to 10.61 percent. Meanwhile the market capitalization decreased by N100.5 billion to finish at N15.180 trillion.
Seplat sat atop the laggards’ chart, dropping N13.50k of its share value to settle at N657.90k per share. It was followed by International Breweries, which fell by N2.85k to close at N57 per share, and Dangote Cement, which fell by N2 to end at N257 per share.
Lafarge shed N1.30k to finish at N50 per share, while Julius Berger depreciated by N1.10k to close at N24.85k per share.
Conversely, Nestle led the day’s advancers adding N22 to close at N1400 per share. It was followed by Total Plc, which surged by N15 to finish at N232 per share, and Mobil Nigeria, which appreciated by N3.40k to close at N183.90k per share.
Conoil soared by N3.15k to finish at N35.25k per share, while CCNN increased by N1.35k to settle at N18.20k per share.
Transcorp was the toast of investors, emerging the most traded equity with 45 million units sold for N93 million.
Diamond Bank traded 43.7 million shares worth N105.7 million, while FBN Holdings exchanged 42.7 million equities valued at N490.9 million.
Furthermore, Fidelity Bank transacted 40 million shares for N120 million, while Access Bank exchanged 27.4 million equities valued at N355.3 million.
The volume and value of equities transacted by investors, however increased at the close of trading activities, Investors traded a total of 438.7 million shares worth N8.8 billion in 5,433 deals in contrast to 384.9 million equities sold yesterday in 4,774 deals valued at N5.5 billion.
