Stock Market Trading Opens Week With N4billion Marginal Loss


Transactions on the Nigerian Stock market flagged off the week on a bearish trend with N4 billion loss.

The first trading day of the week indicated that the NSE All Share Index depreciated by 0.04 per cent to close at 24,432.37 basis points, compared with the 0.70 per cent appreciation recorded previously.

Market turnover closed positive as volume moved up by 2.92 per cent against 44.46 per cent uptick recorded in the previous session.

Tiger Brands Plc, Unity Capital Plc and FCMB Plc were the most active to boost market turnover. Tiger Brands Plc and Lafarge Africa Plc topped market value list.

Neimeth Pharmaceutical Plc led the list of active stocks that recorded impressive volume spike at the end of the trading session.