All Share Index Drops By 46 Points

The All Share Index of the Nigerian Stock Exchange today lost value as investors actively sold their shares. The ASI dropped by 0.17% (46 points) compared with a 0.53% (147 points) gain yesterday, to end the day at 27,697.12 points, while Market Capitalization for the market at the close of trading today was N9.52 Trillion.

A total of 2,625 deals were struck today, an increase from 2,408 deals recorded yesterday, while the total volume of shares traded on the floor today were 167,467,952 and the total value of transactions recorded today was N2.3 Billion.

GUINNESS the gainers chart today adding N6 to close at N126 followed by NESTLE and UNILEVER which added N2 and N0.98 close at N810 and N38 respectively; OKOMUOIL and NB added N0.67 and N0.30 to close at N27 and N117 respectively.

The losers chart was led by MOBIL who lost N2.05 to close with a share price of N130 followed by GUARANTY and UACN who lost N0.99 and N0.55 to close with share prices of N21 and N26.45 respectively; STANBIC and ZENITHBNK lost N0.5 and N0.29 to close with share prices of N17.5 and N15.61 respectively.

The top five most actively traded shares by volume on the exchange today were ZENITHBNK with shares valued at N540 Million, GUARANTY with shares valued at N623 Million, FBNH with shares valued at N75 Million, CONTINSURE with shares valued at N11 Million and TRANSCORP with shares valued at N20 Million.

Market breadth closed positive as GUINNESS led 24 Gainers against 20 Losers led by MOBIL.

Year-To-Date currently stands at -20.08%