Transactions on the Nigerian Equities Market closed bearish on Thursday as losses of the previous day persisted.
This led to the benchmark all share index to shed 0.14% or 64.72 points to close at 47,296.07 as against 47, 369.79 recorded on Wednesday.
In like manner, the market capitalisation dropped N34 billion to close the day’s trading at N25,490 trillion naira compared with N25,524 trillion the previous day.
At the close of the day’s trading, investors traded 243.43 million shares with market value of N6.9billion in 7,056 deals just as trading ended with 22 gainers and 34 losers.
Associated Bus Company was top on the gainers table with a gain of N0.03k and a closing price of N0.35k and it was followed by Lasaco Assurance with a gain of N0.08k and a closing price of N1.13k then Jaiz bank came third on the list with a gain of N0.04k and a closing price of N0.74k.
Conversely, CAP Plc came out last after it lost N1.95k to close at N17.55 followed by RT Briscoe which lost N0.07k to close at N0.63k and the Nigerian Exchange Group which lost N2.30k to close at N20.80k.
Transcorp Nigeria traded the highest volume of 28.2 million shares followed by MTN Nigeria with 22.7 million shares.
Mercy Chukwudiebere
