Modupe Gbadeyanka
By Modupe Gbadeyanka
The Nigerian Stock Exchange (NSE) closed on Tuesday on a negative note for the second time this week with the all-share index dropping by 0.50 percent or 129.75 basis points to close at 25,857.06 basis points.
Also, the market capitalisation recorded a loss like the previous day, shedding N44.7 billion to finish at N8.901 trillion.
Lafarge topped the declining stocks at the stock market today, losing N4 to close at N44 per share, while Dangote Cement declined by N2.50k to finish at N161.50k per share.
Conoil depreciated by N1.79k to end at N34.11k per share, International Breweries fell by 89k to finish at N19 per share and Forte Oil sank by 32k to close at N94 per share.
At the close of market activities today, a total of 189.7 million units of shares were traded in 2,417 deals at N905 million by investors.
However, despite the losses recorded at the market today, some stocks did well and appreciated in value.
Mobil topped the list with a gain of N5 at the market on Tuesday to end at N195 per share, GTBank grew by 90k to finish at N21.90k per share, NASCON improved by 35k to close at N7.53k per share, Nigerian Breweries appreciated by 31k to finish at N142.31k per share, while Custodian and Allied Plc rose by 18k to close at N3.81k per share.
