It wasn’t entirely good news during the past week as the lead indicators of Nigerian equities market segment closed on a negative note as they fell by 1.54 per cent against 0.02 per cent gained previously, bringing the All Share Index 415.69 points lower at 26,537.36 points compared with previous closing value of 26,953.05 points.
Market capitalization likewise declined by N142.9 billion to close at N9.124 trillion against N1.6 billion added the previous day to close at N9.27 trillion.
Market breadth closed negative with 20 gainers against 29 losers. Honeywell Flour Mills Plc., led the gainers table with an increase of 9.77 per cent or 17 kobo to close at N1.91 per share followed by Tiger Brands Plc., which added 7.89 per cent or 9 kobo to close at N1.23 per share, while Julius Berger Plc., gained 4.99 per cent or N1.98 to close at N41.68 per share.
Oando Plc appreciated 4.95 per cent or 27 kobo to close at N5.73 per share, while E-Tranzact Plc., increased by 4.89 per cent or 13 kobo to close at N2.79 per share.
On the other hand, UACN Plc led the losers with a decline of 7.00 per cent or N1.43 kobo to close at N19 per share, trailed by Cadbury Plc., which depreciated by 5.00 per cent or 95 kobo to close at N18.05 per share, while Transcorp Hotels Plc., dropped 4.98 per cent or 32 kobo to close at N6.10 per share.
Learn Africa Plc., also lost 4.94 per cent or 4 kobo to close at 77 kobo per share, while Capital Hotel Plc., fell 4.91 per cent or 20 kobo to close at N3.87 per share.
At the end of the day’s transactions, investors on the Nigeria Stock Exchange had in 2,412 deals traded a total of 480.4 million shares valued at N3.031 billion compared to a total of 172.7 million shares worth N2.62 billion exchanged in 2,480 deals on Thursday.
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