No respite yet for NSE as investors lose N13bn

The stock market  activities  resumed on the Nigerian Stock Exchange (NSE) on  negative territory where it was for the whole of last week as the market  All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.15 per cent, while the Year-to-Date return stood at -10.97per cent.

The All Share Index closed at 25,499.00 against the previous close of 25,537.54 while Market Capitalization closed at ₦8.778 trillion against previous close of ₦8.791 trillion, leaving investors on the bourse with a loss of N13 billion in the day  transaction.

Volume traded decreased by 32.09 per cent from 165.576 million to 112.437 million, while the total value of stock traded decreased by 3.34 per cent from ₦0.888 billion to ₦0.859 billion in 2,532 deals.

The Financial Services sector led the activity chart with 80.583 million shares exchanged for ₦0.315 billion. Conglomerates came next with 20.001 million shares traded for ₦0.015 billion, Consumer Goods, Oil And Gas, Services sectors followed in that order on the activity chart.

Transcorp, Skyebank, Diamondbnk, Fcmb and Uba were the most active stocks by volume. Transcohot, Flourmill, Fidson, Cutix and Afriprud emerged the highest price gainers on the chart, while Dangsugar, Continsure, Neimeth, Wemabank and Transcorp topped the losers chart.