NSE indices dip by 0.13%

Weekly activities on the Nigerian Stock Exchange (NSE) resumed on negative note on Monday as the market indices dipped by 0.13 per cent.

Our correspondent reports that the volume of shares traded also dipped by 43.72 per cent.

Specifically, the All-Share Index lost 43.50 points or 0.13 per cent to close at 32,413.48 against the 32,456.98 achieved on Friday.

The market capitalisation, which opened at N11.849 trillion, shed N162bn billion to close at N11.833 trillion.

Unilever recorded the highest price loss of N2.30 to close at N41.20 per share.

Nigeria Breweries trailed with a loss of N2 to close at N86, while Lafarge Africa dipped by N1.50 to close at N21.50 per share.

Fidson Healthcare was down by 60k to close at N5.40, while Guinness dropped by 50k to close at N78.50 per share.

Forte Oil led the price gainers’ table with a gain of N2 to close at N22.25 per share.

NASCON followed with a gain of N1.40 to close at N19.90, while Guaranty Trust Bank gained 40k to close at N36.90 per share.

Flour Mills also appreciated by 40k to close at N21.21, while Dangote Sugar Refinery added 30k to close at N15 per share.

UBA was the most active stock, exchanging 14.61 million shares worth N118.38 million.

FCMB Group followed with 11.87 million shares valued at N19.39 million, while Fidelity Bank traded 6.91 million shares worth N13.11 million.

GTB sold 5.92 million shares worth N216.93 million, while Honey Well Flour Mills sold 4.37 million shares valued at N5.58 million.

In all, a total of 91.41 million shares worth N980. 91 million were exchanged by investors in 2,529 deals, lower than the 162.41 million shares valued at N2.24 billion traded in 2,922 deals on Friday.