Capital market indices dip by 0.58 per cent

Transactions on the Nigerian Stock Exchange on Wednesday continued on
a downward trend as its indices depreciated by 0.58 per cent.
The News Agency of Nigeria reports that due to the depreciation, the
All-Share Index also dipped by 213.17 points to close at 36,345.33
from the 36,558.50 recorded on Tuesday.
Also, the market capitalisation, which opened at N11.57 trillion,
dropped by N67 billion to close at N11.51 trillion.
However, the volume of shares traded on Wednesday rose to 249.97
million shares worth N1.9 billion from the 198.15 million shares
valued at N1.8 billion traded on Tuesday.
Flour Mills recorded the highest price loss of N7.08 to close at
N69.48 per share.
Guinness trailed behind Flour Mills with a N4 loss to close at N254
per share, while Lafarge WAPCO dropped N1 to close at N93 per share.
Ashaka Cement’s share price depreciated by 74k to close at N21.26,
while NASCON lost 50k to close at N10.70 per share.
GlaxoSmithKline led the price gainers’ chart by 40k to close at N65.40
per share.
Cadbury followed with 35k to close at N51.25 per share, while Okomu
Oil grew by 30k to close at N45 per share.
Air Service appreciated by 28k to close at N4.28 per share, while Jos
International Breweries rose by 13k to close at N1.52 per share.