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Stock Market Depreciates By 59bp In Todays Trading

By on October 10, 2011

The Nigerian Stock Exchange All Share Index depreciated by 0.59% to close at 20106.8 from 20225.02 on Friday.
The biggest gainers on the bourse today were ROADS (4.88%), CAP (4.87%), Neimeth (4.85%), RTBriscoe (4.52%), and UBA (4.37%).

Other gainers in the banking sector were Zenith and GTB, both stocks rallying due to strong institutional purchases.

The Banking Sector and Downstream Petroleum Sectors recorded the highest appreciation on the bourse today. The Downstream sector was buoyed by Oando as the company gained a total of (2.75%).

The company which the largest capitalization on the bourse, Dangote Cement lost a total of 3.03% in trading today dragging down the Index.

The value of stocks traded appreciated by 54.37% to N 2.23 Billion, while the volume increased by 143% to 361,000,000.

The number of gainers on the bourse today were 14, and the number of losers were 21.