Transactions at the Nigerian Stock Exchange (NSE) remained on a bearish trend leading to price depression of some blue chip companies due to sale pressure.
The All-Share Index depreciated by 73.70 points or 0.21 per cent to close at 34,459.70 compared with 34,533.40 achieved on Wednesday.
The market capitalisation lost N25 billion or 0.21 per cent to close at N11.708 trillion against the N11.733 trillion posted on Wednesday.
A breakdown of the price movement chart indicated that Seplat led the losers’ chart having lost N13.78 to close at N372.22 per share.
Guinness followed with N1 to close at N158.05, while Nigerian Breweries dipped 52k to close at N159.98 per share.
UAC Property lost 40k to close at N10 and Vitafoam dropped 26k to close at N5.03 per share.
On the other hand, National Salt topped the gainers’ table, growing by 23k to close at N8.38 per share.
Fidson garnered 14k to close at N3.44, while Dangote Cement increased by 11k to close at N177.75 per share.
Vono Products and ETI appreciated by 10k each to close at N1.12 and N21.70 per share respectively.
Similarly, the volume of shares traded closed lower with a total of 196.21 million shares worth N1.36 billion traded in 3,876 deals.
This was against 1.88 billion shares valued N5.49 billion achieved in 4,797 deals on Wednesday.
Chams drove the activity chart, accounting for 31.55 million shares worth N15.72 million.
Skye Bank trailed with a total of 27.06 million shares valued N75.59 million, while investors bought and sold 11.26 million shares of ETI worth N242.12 million.
FCMB traded 10.42 million shares valued N92.78 million, while Fidelity Bank transacted 10.09 million shares worth N19.03 million.
