Investors at the Nigerian Stock Exchange (NSE) on Friday staked N2.42 billion on 189.07 million shares transacted in 3,706 deals.

The News Agency of Nigeria reports that this was against the 305.80 million shares worth N4.01 billion achieved in 4,168 deals on Thursday.

GT Bank was the most traded equity with a total of 27.87 million shares valued N635.47 million.

It was trailed by Diamond Bank with 20.23 million shares worth N69.76 million while Zenith Bank traded 19.50 million shares valued N315.38 million.

Transcorp accounted for 13.79 million shares worth N35.47 million while AIICO Insurance sold 12.60 million shares valued N11.21 million.

NAN reports that the market indices recorded further depreciation, dropping by 0.15 per cent as a result of price loses.

The All-Share Index lost 47.01 points or 0.15 per cent to close at 30,703.62 compared with 30,752.63 posted on Thursday.

Similarly, the market capitalisation which opened at N10.540 trillion lost N16 billion or 0.15 per cent to close at N10.524 trillion.

Mobil recorded the highest price loss to lead the losers’ chart, dropping N5 to close at N154 per share.

Dangote Cement dipped N2.50 to close at N180.50, while Julius Berger lost N2.27 to close at N43.31 per share.

Northern Nigeria Flour Mill declined by 67k to close at N12.83, while Berger Paint lost 52k to close at N9.93 per share.

On the other hand, Forte Oil topped the gainers’ chart, gaining N7.03 to close at N215 per share.

CAP garnered N3.60 to close at N41.30, while Nigerian Breweries gained N1.83 to close at N126.93 per share.

7UP and Ashaka appreciated by 50k each to close at N190.50 and N23.50 per share, respectively.


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