Weekly transactions on the Nigerian Stock Exchange closed lower on Friday with the market indices dropping marginally by 0.86 per cent.
This was due to price losses by some blue chips.
The News Agency of Nigeria reports that the market capitalisation depreciated by N106 billion or 0.86 per cent to close at N12.261 trillion against N12.367 trillion achieved on Thursday.
The All-Share Index lost 332.33 points or 0.86 per cent to close lower at 38,171.32 from the 38,503.65 posted on Thursday.
Analysis of the price movement indicated that Lafarge Wapco led the losers’ chart with a loss of N1.50 to close at N111 per share.
International Breweries followed with a loss of N1.30 to close at N25.71, while Dangote Cement lost N1.01 to close at N9.44 per share.
CCNN dipped by 94k to close at N8.76, while Zenith Bank depreciated by 70k to close at N21.38 per share.
Conversely, Guinness topped the gainers’ chart, appreciating by N2.25 to close at N169 per share.
Cadbury followed with a gain of 40k to close at N85.40, while Berger rose by 19k to close at N9.48 per share.
UBN gained 14k to close at N10.19, while Eterna grew by 10k to close at N3.80 per share.
NAN reports that a total of 609.579 million shares valued at N3.74 billion were traded by investors in 4,033 deals.
This was in contrast to the 367.193 million shares worth N1.82 billion traded in 4,002 deals on Thursday.
UBCAP was the toast of investors, accounting for 291.47 million shares worth N705.29 million.
FBN Holdings came second on the activity chart with 64.05 million shares valued at N755.98 million, while Unity Bank sold 39.75 million shares worth N19.87 million.
Multiverse traded 33.33 million shares worth N16.67 million, while UBA sold 23.92 million shares valued at N167.22 million.
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