Stock Market Posts Marginal Loss of N33billion in Single Trading Day

Market turnover closes positive as volume moved up by 30.66 per cent against 58.83 per cent decline recorded in the previous session.

Guaranty Trust Bank Plc, Diamond Bank Plc and Zenith Bank Plc were the most active to boost market turnover. Zenith Bank Plc and Guaranty Trust Bank Plc top market value list. S

terling Bank Plc leads the list of active stocks that recorded impressive volume spike at the end of the trading. Market breadth closed negative as Lafarge Africa Plc led 24 gainers against 27 losers topped by Nestle Nigeria Plc at the end of the trading session which was an unimproved performance when compared with previous outlook.

Top on gainers’ log was Lafarge Africa Plc with a gain of N1.70 kobo to close at N80.00 kobo, followed by GlaxoSmithKline Plc with N1.26 kobo to close at N27.00 kobo and UAC of Nigeria Plc with N0.82 kobo to close at N17.22 kobo per share.

On the other hand Nestle Nigeria Plc topped losers chart with N27.95 kobo to close at N675.10 kobo, Seplat Petroleum Development Company Plc with N8.40 kobo to close at N159.72 kobo per share, Mobil Nigeria Plc with N7.25 kobo to close at N137.75 kobo and 7-Up Bottling Company Plc with N4.25 kobo loss to close at N162.00 kobo per share.