The All Share Index in the Nigerian Stock Exchange (NSE) fell by 1.09 percent on Wednesday.
It depreciated off the 37 thousand basis points which it attained on Tuesday to close today at 36,612.83 basis points which is 1.09 percent or 404.95 basis points lower than yesterday’s closing of 37,017.78 basis points.
The Market Capitalisation on the other side fell by 147 billion Naira or 1.09 per cent as it stood 13,263 trillion Naira at the close of Wednesday’s transaction, compared to previous closing of 13,410 trillion Naira.
Wednesday’s activities marks the first trading day for the month of August, 2018 even as the market traded 2.40 million shares, worth 4.98 billion Naira in 3,494.00 deals, leading to 21 stocks gaining, 24 declining with the prices on the other stocks remained the same.
This is in comparism to previous trading where Investors exchanged the sum of 2.45 million shared at the value of 4.5 billion Naira in 5,943.00 deals as only 17 stocks appreciated, while 24 stocks declined, living all others unchanged.
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC opened for transaction on Wednesday at the price of 0.50 kobo per share and closed at 0.55 kobo per share, gaining 0.05 kobo or 10.00 per cent.
JAIZ BANK PLZ opened at 0.58 kobo per share and closed at 0.63 kobo, gaining 0.05 kobo or 8.62 per cent.
OKOMU OIL PALM PLC opened at N74.70 kobo per share and closed at N81.00 per share, gaining N6.30 kobo or 8.43per cent.
CAP PLC leads the losers’ table by N3.50 kobo or 10.00 per cent to close at N31.50 per share after opening at N35.00 per share.
ROYAL EXCHANGE PLC followed with an opening price of 0.30 kobo per share to close at 0.27 kobo per share, falling by 0.03 kobo or 10.00 per cent.
Then INTERNATIONAL BREWERIES PLCfell after opening at N37.00 per share and closing at N33.40 kobo per share, losing N3.60 kobo or 9.73per cent.