NSE: Transactions close lower on Friday

Equity transactions on the Nigerian Stock Exchange (NSE) closed lower on Friday with the market indicators depreciating marginally by 0.09 per cent.

The News Agency of Nigerian (NAN) reports that market capitalisation lost N12 billion or 0.09 per cent, to close at N13.791 trillion, from the N13.779 trillion recorded on Thursday.

Also, the All-Share Index, which opened at 41,729.59 points dropped by 37.97 points or 0.09 per cent, to close at 41,767.56 points.

Forte Oil led the losers’ chart by N19.34 to close at N206.30 per share. ConOil depreciated by N2.40 to close at N65.40, while Champion lost 53k to close at N10.17 per share.

Total and CCNN dipped by 45k each to close at N171.05 and N11.15 per share, respectively.

Conversely, Guinness led the gainers’ chart by N10.79, to close at N200 per share.

Nestle gained N3 to close at N1,053, while Unilever grew by N2.40, to close at N52.40 per share.

Nigerian Breweries appreciated by N1.98 to close at N172, while PZ Cussons chalked up N1 to closed at N36 per share.

FBN Holdings emerged as the most-traded stock, accounting for 134.14 million shares worth N2.09 billion in 367 deals.

Wapic Insurance came second with an exchange of 25.34 million shares valued at N19.31 million in 105 deals, while Oando sold 20.14 million shares worth N544.02 million in 746 deals.

Access Bank traded 16.98 million shares valued at N16.98 million in 162 deals, while Transcorp transacted 16.74 million shares worth N78.93 million in 192 deals.

In all, investors exchanged a total of 328.564 million shares worth N4.20 billion in 4,216 deals.

This was against the 411.480 million shares valued at N3.42 billion traded in 6,040 deals on Thursday, representing 20.15 per cent decrease. (NAN)