NSE Market Indicators Decline On Week’s Opening


The Nigerian Stock Ex
change (NSE) transactions Monday ended negatively as all the market indicators depreciated compared to the bulls that ended last week’s trading on Thursday before the Democracy Day Public Holiday on  Friday.
All-share Index (ASI) lost 265.72 points to close at 34,044.65 points compared to 34,310.37 points recorded on Thursday.
Also, market capitalization lost N90.29 billion at the week’s opening, closing at N11.569 trillion as against N11.659 trillion.
Investors traded a total of 340.71 million shares, valued at N5.5.50 billion which exchanged hands in 4,183 deals.
This is compared with 711.26 million shares at N11.93 billion traded in 4,675 deals, losing 670.55 million shares and N6.43 billion, respectively. A total of 21 companies made gains in their transactions, 32 companies lost while the share value of 52 companies remained unchanged. Seplat Plc gained N7 per share to close at N345 per share to lead the gainers table. Guinness made N1 gain per share to close at N164 per share to come second at the table.
This is followed by PZ, UNCN and Mobil which gained, 82k, 30k and 20k per share, respectively closing at N30,N41.50 and N147 per share, respectively.