Seplat, CAP and Guaranty Trust Bank on Tuesday dominated losers’ chart on the Nigerian Stock Exchange (NSE) forcing the market to close on a bearish note for the second consecutive day.
The News Agency of Nigeria (NAN) reports that Seplat topped the laggards’ table with a loss of N60 to close at N650 per share.
CAP trailed with a loss of N3.15 to close at N28.35, while Guaranty Trust Bank dropped by 85k to close at N39.15 per share.
Lafarge Africa depreciated by 60k to close at N29.90, while Forte Oil was down by 55k to close at N23 per share.
Consequently, the All-Share Index dipped 145.62 points or 0.40 per cent to close at 36,333.80 compared to 36,479.42 recorded on Monday.
In the same vein, the market capitalisation shed N54 billion or 0.41 per cent to close at N13.261 trillion against N13.315 trillion achieved on Monday.
On the other hand, Nigerian Breweries led the gainers’ table, appreciating by N2.10 to close at N103 per share.
Flour Mills followed with a gain of 90k to close at N25.25, while Air Service improved by 45k to close at N4.95 per share.
Cadbury also grew by 45k to close at N9.95, while United Capital added 28k to close at N3.08 per share.
However, the volume of shares transacted rose by 36.07 per cent with an exchange of 248.05 million shares valued at N2.25 billion in 3,932 deals.
This was in contrast with 182.29 million shares worth N2.03 billion achieved in 3,203 deals on Monday.
The banking stocks remained investors delight with Wema Bank dominating the activity chart with 53.50 million shares worth N37.45 million.
Guaranty Trust Bank followed with an account of 23.42 million shares valued at N925.05 million, while United Bank for Africa sold 22.19 million shares worth N213.99 million.
Diamond Bank exchanged 16.93 million shares worth N21.21 million, while United Capital sold 14.23 million shares valued at N43.23 million.