It was trailed by Diamond Bank with a turnover of 31.93 million shares worth N57.05 million transacted in 54 deals, while Access Bank sold 29.66 million shares worth N123.01 million in 115 deals
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Market analysts told NAN that the market would record further depreciation with the Central Bank of Nigeria rates retention and stance on foreign exchange policy
NAN reports that market indicators, following the meeting, dropped by 0.55 per cent due to price losses by some blue chip equities
Similarly, the All-Share Index increased by 137.14 points or 0.58 per cent to close at 23,963.64, compared with 23,826.50 posted on Friday.
Nestle recorded the highest price gain, leading the gainers’ table, growing by N17.86 to close at N725.01 per share
A breakdown of the activity chart indicated that investors’ exchanged a turnover of 1.01 billion shares valued N1.89 billion traded in 4,229 deals
Similarly, the All-Share Index rose by 351.66 points or 1.51 per cent to close at 23,686.67 against 23,335.01 recorded on Wednesday.
NAN reports that the growth was lifted by shares in the banking, cement and food firms
A breakdown of the price movement chart indicated that Nestle led the losers’ chart, dropping by N37 to close at N703.05 per share
Consequently, the All-Share Index slipped to 25,103.05 shedding 931.88 points or 3.58 per cent to close at 25,103.05, against the 26,034.93 achieved on Tuesday
Also, the market capitalisation lost N82 billion or 0.87 per cent to close at N9.295 trillion, compared with N9.377 trillion posted on Thursday.
Nigerian Breweries topped the laggards’ chart, shedding N3.50 to close at N109.50 per share
Access Bank followed with 24.28 million shares valued N111.90 million, while UBA sold 22.36 million shares valued N71.64 million
An analysis of the price movement chart indicated that Dangote Cement recorded the highest price loss to lead the losers’ table, dropping by N16.57 to close at N153.43 per share
NAN reports that major blue chip companies posted price depreciations with Nestle leading the laggards’ pack, shedding N10 to close at N820 per share
Similarly, the market capitalisation, which opened at N9.553 trillion, rose by N297 billion or 3.11 per cent to close at N9.850 trillion.
Nestle for the second consecutive day led the gainers’ table by N35 to close at N860 per share
But shortages of US Dollar has forced Nigeria’s external reserves into a massive decline hitting a new low of $29.73 billion as at December 11, while the value of the Naira declined in the unofficial foreign exchange market
Lafarge and WAPCO followed, depreciating by N4.30 to close at N92.50, while Unilever shed N2.25 to close at N43.25 per share
Also, the All-Share Index, which opened at 27,004.50, rose by 201.45 points or 0.75 per cent to close at 27,205.95.
Nigerian Breweries led the price gainers’ chart, growing by N4.30 to close at N116.31 per share
Consequently, the All-Share Index lost 528.53 points or 1.92 per cent to close at 27,004.50, as against the 27,533.03 posted on Tuesday
The News Agency of Nigeria reports that the market capitalisation, which opened at N9.569 trillion, dropped N103 billion or 1.08 per cent to close at N9.466 trillion
Access Bank accounted for 29.38 million shares valued N136.66 million exchanged in 99 deals, while FBN Holdings sold 26.48 million shares worth N132.34 million in 296 deals
Also, the market capitalisation, which opened at N10.026 trillion, dipped N64 billion or 0.64 per cent to close at N9.962 trillion due to huge loss recorded by some blue chip equities