NSE Market Capitalisation Dips By 0.01%

Transactions on the Nigerian Stock Exchange (NSE) ended on negative note last Thursday as the market capitalisation dipped marginally by 0.01 per cent.

The Tide reports that the market capitalisation lost N1 billion or 0.01 per cent to close at N12.429 trillion against the N12.430 trillion recorded on Wednesday.

The All-Share Index also fell by 0.01 per cent or 2.68 points to close at 38,841.49 from the 38,844.17 posted on Wednesday.

The Tide source reports that Nestle topped the losers’ table, dropping N4.90 to close at N1, 125 per share.

Guinness trailed with a loss of N3.71 to close at N265.29, while Wapco depreciated by N3 to close at N108 per share.

UAC-Prop dropped 50k to close at N17.50, while Ashakacem lost 39k to close at N20.11 per share.

On the other hand, Cadbury led the gainers’ chart, chalking up N2.32 to close at N66 per share.

Flourmill appreciated by N1.99 to close at N87.99, while International Breweries rose by N1 to close at N26.20 per share.

Union Dicon share price rose by 84k to close at N9.12, while Unilever gained 64k to close at N60.50 per share.

FCMB was the toast of investors, accounting for 56.03 million shares worth N177.58 million.

Unity Bank came second on the activity chart with 28.16 million shares valued at N15.02 million, while Access Bank sold 26.89 million shares worth N258.32 million.

Transcorp traded 24.13 million shares valued at N88.01 million, while GTB sold 14.37 million shares worth N384.16 million.