NSE: Volume Of Traded Shares Depreciates By 47.45 %, ASI 0.05%

The Volume of shares traded on the Nigerian Stock Exchange (NSE) on Thursday dipped by 47.45 per cent as investors await the Federal Government's promised intervention.

The market's daily turnover fell by 194.87 million shares as investors bought 215.85 million shares worth N3.1 billion traded in 3,842 deals compared with 410.72 million shares worth N3.9 billion traded on Wednesday in 3,623 deals.

The All-Share Index, which opened at 23,199.02 points, depreciated by 12.3 points or 0.05 per cent to close at 23,186.72 points
Market capitalisation also declined by N4 billion to close at N7.380 trillion as against the N7.384 trillion recorded on Wednesday.

7UP led the losers’ chart with N2 to close at N38.12 per share.

ConOil lost N1.09 to close at N20.76 per share while Nigerian Breweries' share price dipped by 30k to close at N121.10.

Cadbury and Guaranty depreciated by 19k each to close at N17 and N17.60 per share respectively.

On the other hand, NewGold led the gainers’ chart with N32 to close at N2,553 per unit.

First Bank trailed with 39k to close at N12.93 per share while International Breweries and Lafarge Wapco grew by 38k each to close at N8.02 and N43.63 per share respectively.

Guinness share price rose with 24k to close at N245.25 per share. (NAN)