Investment in the nation’s equity market yesterday sustained declining profile dropping by N27 billion.
Specifically, market capitalisation of listed equities dropped by 0.24 per cent to N11.165 trillion from N11.192 trillion.
Also the NSE All Share Index depreciated by 74.30 basis points to 30568.05 points from 30642.35 reported the previous day.
Investors traded 193.253 million shares worth N3.696 billion in 2950 deals against 246.134 million shares valued at N3.694 billion exchanged hands the previous day in 3,141 deals.
An analysis of the transactions showed that Mobil Oil led gainers table during the day, improving by N5.40 kobo to close at N156.60 kobo, Cap Plc followed with a gain of N2.60 kobo to close at N37.25 kobo, Forte Oil added N2.15 kobo to close at N24.10 kobo, Air Services increased by 0.60 kobo to close at N6.90 kobo, International Breweries grew by N0.55 kobo to close at N30.00.
On the contrary, Seplat Petroleum Development Plc recorded the highest loss during the day, declining by N58.90 kobo to close at N540.00, Nestlé Nigeria Plc trailed with a loss of N5.00 to close at N14.80 kobo, Nascon down by N0.90 kobo to close at N17.00, Stanbic IBTC dropped by N0.45 kobo to close at N45.55 kobo while Flour Mills Nigeria Plc fell by N0.40 kobo to close at N21.00.
The result further showed that FBNHoldings Plc was the most active stock during the day, trading 25.289 million shares valued at N182.972 million. Access Bank followed with account of 24.100 million shares worth N179.550 million, Fidelity Bank Plc traded 18.744 million shares cost N36.696 million. Zenith Bank Plc sold a total of 17.645 million shares valued at N406.642 million, Guaranty Trust Bank sold 15.795 million shares worth N352.556 million.
