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Nigerian Stock Exchange Watch: Market Sustains Marginal Losses, Closes at 21,006

By on March 20, 2012

The Market succumbed to the bears due to selling pressure on some of the bourse highly capitalized stocks including Zenith Bank (-0.76%), Access (-1.83%), First Bank (-4.13%) and Guinness (-1.23%).

The All Share Index fell 0.26% to close at 21,006.30 and the market capitalization dropped to N 6.67 trillion.

FCMB led the banking sub-sector with a gain of 4.59%. Other leaders included UBA (+2.28%), and Stanbic (+1.45%). Marginal appreciation was recorded by Fidelity (+0.69%), and GTBank (+0.28%).

The Infrastructure sector was led by CCNN (4.86%), all the other participants were quiet in the days session.

Goldlink led the Insurance sub-sector picking a gain of 1.69%. GTAssure was down a 161 points, whilst Prestige lost a 154 points.

Oando fell by 156 points even as the rest of the Oil and Gas sector was neutral.

Top price appreciation in today’s session were recorded by:

Top stocks trailing the market were:

The activity chart was led by: