Transactions on the floor of the Nigerian Stock Exchange, NSE, on Wednesday, February 1, continued movements south with lead market indices crashing further.
As such, the All Share Index slumped by 0.51 percent, or 132.69 points to close at 25,903.55, from previous session’s 26,036.24, bringing the Year-to Date return to -3.61 percent.
Market breadth turned red with 9 gainers paired against 27 losers. The day’s gainers list was topped by WAPCO with 8.27 percent, closing at N44.40 percent.
Caverton came in second with an appreciation of 4.00 percent to close at 78 kobo per share while Access Bank added 3.18 percent to close at N6.81 per share. Unity Bank increased 2.56 percent to close at 80 kobo and UBA gained 2.31 percent to close at N4.88 per share.
On the flip side, Forte Oil topped the losers’ chart closing at N67.66, having shed 5 percent. Guinness and Unilever Nigeria followed with a drop of 4.99 percent each to close at N60.95 and N33.73 respectively, Tourist company shed 4.89 percent to close at N3.50 while Neimeth decreased 4.62 percent to close at 62 kobo per share.
Medview Airlines was the toast of investors having traded 72.5 million units of shares, worth N109.2 million. Paints and Coatings Manufacturing (Paintcom) came in second with 58.7 million units valued at N61.6 million.
Diamond Bank was third with 43.1 million units of shares valued at N40.6 million. Standard Trust Alliance (STACO) was the fourth most traded stock with 20 million units valued at N10 million while Fidelity Bank emerged fifth on the day’s top traded list with 18.3 million units of shares at N16.6 million.
Value of equities traded for the day slumped 42.9 percent from previous session’s N2.8 billion to N1.6 billion which was recorded for the day.
