Transactions on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, January 31, sustained a downward trajectory as market value took another plunge.
As such, the All-Share Index which opened at 26, 217.18 shed 180.94 points or 0.69 per cent to close at 26, 036. 24 achieved on Monday.
Similarly, market capitalization shed N48 billion to close at N8.972 trillion against N9.020 trillion recorded on Monday.
Price movement chart showed that Mobil Oil topped the gainers’ chart, appreciating by N5.44 to close at N270 per share. Unilever followed with a gain of N2.10 to close at N35.50, while Lafarge Wapco gained 58k to close at N41.01 per share.
Africa Prudential Registrar surged by 13k to close at N3.16, while UACN added 9k to close at N16.50 per share.
Conversely, Nestle recorded the highest loss, shedding N23 to close at N727 per share.Total Nigeria trailed with a loss of N8.95 to close at N290.01, while Forte Oil lost N2.78 to close at N71.22 per share.
Nigeria Breweries shed N2.20 to close at N139.80, while 7UP Bottling depreciated by N1.30 to close at N112.10 per share.
FBN Holdings was the toast of investors, exchanging 32.37 million shares worth N113.25 million. It was followed by Unity Kapital with 23.05 million shares valued at N 11.53 million, while Transcorp traded 13.39 million shares worth N10.69 million.
AIICO Insurance traded 12.81 million shares valued at N7.69 million, while Fidelity Bank exchanged 12.22 million shares worth N11.03 million.
At the end of session, the volume of shares sold closed higher with an exchange of 205.77 million shares valued at N2.76 billion transacted in 2,914 deals. This was in contrast with a total of 143.52 million shares worth N755.89 million traded in 2,139 deals on Monday.
