Investors at the Nigerian Stock Exchange (NSE) on Friday staked N1.79 billion on 132.78 million shares transacted in 3,388 deals as the market maintained a downward trend .

The News Agency of Nigeria (NAN) reports that the volume of shares traded dropped by 36.31 per cent compared with 208.49 million shares valued N3.24 billion exchanged in 3,727 deals on Thursday.

GT Bank was the toast of investors with an exchange of 14.55 million shares worth N369.11 million traded in 261 deals.

Zenith Bank accounted for 12.80 million shares valued N225.68 million traded in 206 deals, while Transcorp traded 11.77 million
shares worth N27.03 million in 137deals.

FBN Holdings sold 10.43 million shares valued at N81.12 million in 392 deals and UBA exchanged 9.96 million shares worth N42.68 million in 107 deals.

Forte Oil topped the losers chart, shedding N4 to close at N186 per share.

Nigerian Breweries came second having lost N2.01 to close at N126.99, while PZ Industries went down by N1 to close at N29 per share.

Flour Mills dipped 89k to close at N29.01, while CAP declined by 50k to close at N40.50 per share.

Consequently, the All-Share Index lost 125.03 points or 0.40 per cent to close at 31,091.69 compared with 31,216.72 recorded on Thursday.

Conversely, Caverton led the gainers’ table growing by 34k to close at N4.24 per share.

Stanbic IBTC followed with a gain of 31k to close at N23.30, while UAC Property gained 22k to close at N10.02 per share.

Red Star Express increased by 21k to close at N4.52 and Eterna Oil appreciated by 14k to close at N2.22 per share.


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