Capital Market Indicators Drop By 0.61%

Transactions on the Nigerian Stock Exchange (NSE), Friday ended on a bearish note after two days of consecutive growth.

The market capitalisation, which opened at N11.06 trillion, dropped by N67 billion or 0.61 per cent to close at N10.99 trillion.

Similarly, the All-Share Index lost 209.09 points or 0.61 per cent to close at 34,339.64 against the 34,548.73 recorded on Wednesday.

NewGold led the losers’ chart with N49 to close at N2,369 per unit. It was trailed by Nigerian Breweries with a loss of N9.99 to close at N159.01 per share.

Guinness lost N1 to close at N265 per share, while UAC-Property dropped 83k to close at N16.02 per share.

On the other hand, Okomu Oil Palm led the gainers’ table with N8.77 to close at N96.49 per share.

Presco followed on the gainers’ table with N2.25 to close at N24.75 per share.

Dangote Cement grew by N1.75 to close at N130.75, while Julius Berger gained 80k to close at N51.80 per share.

Mansard Insurance emerged the most sought equity with a total of 44.79 million shares valued at N114.02 million.