Transactions on the Nigerian Stock Exchange (NSE), yesterday further dropped by 2.2 per cent after some blue-chip stocks suffered huge loss in the prices of their shares.
At the close of trading in the day, the twin market indicators, the market capitalisation and the All-Share Index depleted by N153 billion and 497.3 basis points to close at N6.876 trillion and 21,497.61 points respectively.
A further review showed that while 10 companies pitched their tent on the gainers chart,26 others were on the laggard.
Nestle topped the gainers chart with 99kobo to close at N402.00 per share. Okomuoil followed with 49kobo to close at N17.50 per share. UPL added 19kobo to close at N4.08 per share while NCR gained 19kobo to close at N4.12 per share.
Roads, Ecobank, National Salt Company of Nigeria garnered 17kobo,13kobo and 10kobo to close at N3.64,N2.99 and N4.60 per share
Sterling Bank and Presco gained five kobo and two kobo to close at N1.45 and N7.50 per share.
Capital Hotel also added two kobo to close at N7.62 per share.
However, Dangote Cement topped the day’s losers chart with 555kobo to close at N105.56 per share. Flourmills followed with 150 kobo to close at N80.00 per share.
Other losers of yesterday’s transactions include PZ Cussons, Nigerian Breweries, Dangote Flourmills, shedding 100kobo, 100kobo and 53kobo to close at N30.00,N82.00 and N10.11 per share.
Dangote Sugar and CCNN also shed 50kobo and 34kobo to close at N11.30 and N7.36 per share.
The banking sub-sector dominated in volume terms with 7.9 million shares worth N409million in 1,939 deals.
The insurance sub-sector followed with 4million units worth N3.2 million.
On the whole, investors exchanged 161million shares worth N757million in 3,215 deals.