The net worth of investors’ at the Nigerian Stock Exchange (NSE) on Friday declined by .87 per cent due to huge loses recorded by major blue chip companies.
The News Agency of Nigeria reports that the All-Share Index lost 256.41 or 0.87 per cent, to close at 29,190.54, compared with the 29,446.95 posted on Thursday.
Similarly, the market capitalisation lost N88 billion, to close at N10.032 trillion, against the N10.120 trillion achieved on Thursday.
Nestle topped the losers’ chart, shedding N10.99 to close at N825.01 per share.
Nigerian Breweries lost N7.31 to close at N136.85, while Unilever shed N2.03 to close at N38.68 per share.
Dangote Cement dropped N1.03 to close at N163.03, while PZ Industries dipped N1, to close at N24 per share.
Conversely, Okomu Oil led the gainers’ table, growing by N1.02, to close at N29.02 per share.
Zenith Bank followed with 56k to close at N17.60, while Berger garnered 46k to close at N9.77 per share.
UACN appreciated by 26k to close at N26.48 and Lafarge Africa grew by 21k, to close at N96.01 per share
Also, the volume of shares traded dropped by 20.05 per cent, with 206.02 million shares worth N3.38 billion in 2,773 deals.
This was against 257.69 million shares valued N2.82 billion, exchanged in 2,882 deals on Thursday.
UBA emerged the most traded stock having accounted for 28.54 million shares worth N101.58 million.
Zenith came second with 21.93 million shares worth N383.41 million, while GT Bank sold 20.35 million shares valued at N474.01 million.
Hallmark Insurance traded 18.45 million shares worth N9.23 million and Transcorp transacted 15.89 million shares worth N28.89 million.


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