Nigerian Stock Exchange (NSE)The equities market resumed the week on the Nigerian Stock Exchange (NSE) Monday on a negative note as lead indicators depreciated 0.03 per cent. The All Share Index lost 7.31 points to close at 29,168.04 points against 144.4 points gained last Friday to close at 29,175.35 points.

The market capitalization also dropped N2.5 billion to close at N10.027 trillion against N49.6 billion gained previously to close at N10.029 trillion.

Price movement on the Equity board showed that Oando Plc led 25 gainers with a 10.10 per cent or 78 kobo gain to close at N8.50 per share, followed by Cement Company of Northern Nigeria Plc which added 10.09 per cent or 80 kobo to close at N8.73 per share, while Fidson Health Care Plc rose 9.96 per cent or 28 kobo to close at N3.09 per share.

Diamond Bank Plc appreciated 9.54 per cent or 25 kobo to close at N2.87 per share, while Ikeja Hotel Plc grew 5.00 per cent or 16 kobo to close at N3.36 per share.

Conversely, Caverton Plc led 15 equity losers with a loss of 4.71 per cent or 13 kobo to close at N2.63 per share, followed by Wema Bank Plc which lost 4.04 per cent or 4 kobo to close at 95 kobo per share, while Evans Medical Plc dropped 3.70 per cent or 2 kobo to close at 52 kobo per share.

Seven Up Bottling Company Plc declined 3.12 per cent or N5.95 to close at N185.06 while Skye Bank Plc lost 2.06 per cent or 4 kobo to close at N1.90 per share.

By Pita Ochai

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: