UPDATED: Seplat Loses N38.72k as Stock Market Closes Flat
By Modupe Gbadeyanka
Trading of equities on the floor of the Nigerian Stock Exchange (NSE) ended flat on Thursday, March 23, 2017.
At the close of activities on the NSE today, the stock market finished at 0.00 percent.
Business Post correspondent reports that a total of 20 stocks appreciated in price against 14 equities that crashed at the market.
The All-Share Index lost 0.14 points today to close at 25,514.03 points, while the market capitalisation fell by N23.4 million to finish at N8.827 trillion.
On the price movement chart, Nestle emerged the biggest gainer, appreciating by N9 to end at N749 per share.
It was followed by Lafarge, which increased by N3.20k to close at N41 per share and 7up, which improved by N2.29k to finish at N80 per share.
International Breweries advanced by 30k to close at N15.30k per share, while GTBank progressed by 30k also to end at N26.80k per share.
On the flip side, Seplat depreciated by N38.72k to close at N359.28 per share, while Guinness lost N2.64k to end at N60 per share.
Forte Oil crashed by 82k to finish at N45.59k per share, Access Bank dropped 22k to close at N5.93k per share and NASCON slumped by 21k to end at N6.91k per share.
At the end, investors staked N1.4 billion on a total of 115 million shares transacted in 2,861 deals. This was against N2.5 billion spent on 199 million shares traded yesterday in 2,306 deals.