Investors’ sentiment continued to rock the nation’s equities market over recent recession reports by the National Bureau of Statistic (NBS).
The equities market extended previous day’s losses on account of a 0.73 per cent decline recorded in Nigerian Stock Exchange All-Share Index (ASI).
The ASI depreciated by 203.31 basis points to close at 27,503.81 basis points, while investors lost N70 billion as market capitalization depreciated to N9.448 trillion.
Forte Oil Plc led the day’s declining stocks following a decline of N5 in its share price to close at N172 per share, Dangote Cement Plc lost N2 to close at N173 per share, Total Nigeria Plc dropped by 90 kobo to close at N241 per share, Cadbury Plc depreciated by 60 kobo to close at N14 per share and Zenith Bank Plc fell by 35 kobo to close at N14.6 per share.
On the flip side, UACN Plc led the day’s advancing stocks having improved by N1 to close at N21.5 per share, Guinness Nigeria Plc added 47 kobo to close at N95.97 per share, Nascon Allied Industries Plc followed with a growth of 9 kobo to close at N8.1 per share, Dangote Sugar Plc gained 6 kobo to close at N6.56 per share, and Eterna Oil Plc appreciated by 6 kobo to close at N2.8 per share.
The total value of stocks traded on the NSE amounted to N1.9 billion while a total of 176.8 million shares exchanged hands in 3,682 deals.
The top three traded stocks were: Guaranty Trust Bank Plc with the sale of 31.3 million shares worth N845.0 million, followed by Eco Transnational Incorporated Plc that exchanged 31.0 million shares worth N350.9 million, and Access Bank that traded 17.2 million stocks valued at N93.1 million.
Virginie Kondi liked this on Facebook.
9/22/2016 at 17:48:23 Hello from danglekatangul
I generally agree with your opinion on this subject and look forward to new posts and comments here at business247ng.com. Keep up the good work!
LIke your site. Do you want to trade links.
Quite a good read. I just now forwarded this on 9/27/2016 to a fellow student who has been involved in a little research of his own on this subject. To say thank you, they just bought me lunch! So, I should probably say: Thanks for the meal!
You can definitely see your enthusiasm in the paintings you write. The arena hopes for even more passionate writers such as you who are not afraid to mention how they believe. At all times go after your heart.
I’m pleased with the way that business247ng.com covers this kind of subject matter! Usually on point, sometimes polemic, always well-written as well as challenging.
Appreciate this site– extremely informative and lots to see!
business247ng.com does it again! Quite a thoughtful site and a good article. Keep up the good work!
Kudos for the great blog you’ve set up at business247ng.com. Your enthusiasm is absolutely contagious. Thanks again!
I’m pleased with the way that business247ng.com deals with this kind of subject. Generally to the point, sometimes controversial, without fail well-researched as well as stimulating.
business247ng.com does it again! Quite a interesting site and a thought-provoking post. Nice work!
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! However, how could we communicate?
You made some decent points there. I looked on the internet for the issue and found most guys will agree with your website.
10/12/2016 business247ng.com does it again! Quite a interesting site and a thought-provoking post. Thanks!
Iím not that much of a internet reader to be honest but your sites really nice, keep it up! I’ll go ahead and bookmark your website to come back later. Cheers
Hello! I’ve been reading your website for some time now and finally got the courage to go ahead and give you a shout out from Houston Tx! Just wanted to tell you keep up the fantastic job!
Thanks a lot for the inspiring site you’ve created at business247ng.com. Your enthusiasm is certainly inspiring. Thanks again!
It’s really a nice and useful piece of information. I am glad that you shared this helpful info with us. Please keep us informed like this. Thanks for sharing.
1. Thanks for the great post keep up the amazing work.
Many thanks for the inspiring blog you’ve set up at business247ng.com. Your enthusiasm is absolutely inspiring. Thanks again!