By Modupe Gbadeyanka
Transactions on the floor of the Nigerian Stock Exchange (NSE) on Tuesday closed on a negative note, erasing the good start recorded at the beginning of a new week the previous day.
Business Post correspondent gathered that all-share index, which opened at 28,263.16 points at the resumption of trading on Tuesday, closed at 28,248.86 points, indicating a loss of 14.3 points or 0.05 percent.
Also, the market capitalisation, which gained N5.5 billion on Monday to close at N9.709 trillion, lost N5 billion at the end of trading on Tuesday to finish at N9.704 trillion.
Our correspondent reports that the total volume of shares traded at the market on Tuesday were 294.9 million units in 3,142 deals worth N1.4 trillion.
Guinness Nigeria Plc led the gainers’ chart, closing at N97.64 per share after appreciating by N4.64. it was closely followed by Nestle, Flourmill, UAC-Property Plc and International Breweries Plc, which closed at N826, N22, N3.74 and N20 respectively.
On the other end, Presco Plc, ConOil, 7up, Ashaka Cement and Forte Oil topped the loser’s table on Tuesday, closing at N41, N39, N142.5, N18.02 and N160.15 respectively.
Shares of Livestock Feeds were the most transacted with 104,598,333 units and was followed by FCMB which traded 43,923,779 shares; UBA with 20,154,802 shares; Dunlop with 19,944,236 and GTBank with 18,662,340 shares.
Adedapo Adesanya