NSE Equities drops to 0.10%

On Monday, August 18, the Nigerian Stock Exchange All Share Index closed on negative note as its year-to-date return decreased to +0.10% and equities fell for the fourth session.

The index fell marginally by 0.02% to close at 41,370 basis points as against the 0.89% drop it recorded on Friday.

The market capitalization of the listed equities also fell by 0.02% or N4bn on Monday to close at N13.660trn down from Friday’s close of N13.664trn.

Closing at 1,879.26 basis points, the NSE 30 Index shed 1.01 basis points or 0.05%.

A review of the sectoral indices showed that the NSE Oil and Gas Index increased the most with a 4.08 basis points or 0.86% gain that saw it close at 477.47 basis points.

The NSE Alternative Securities Market Index closed flat at 951.96 basis points, while the NSE Lotus Islamic Index rose by 0.08% to close at 2,770.27 basis points.

The NSE Banking Index on the other hand declined the most, shedding 0.14% or 0.57 basis points to close at 419.64 basis points.

Investors exchanged 177.832 million shares valued at N2.119bn in 4,484 deals with 21 stocks making gains, while 27 shares recorded losses.

Premier Breweries Plc led the gainers, rising by 9.09% or 10 kobo to close at N1.20 per share, Flour Mills of Nigeria Plc led the losers with a 7.39% or N5.44 loss to close at N68.11 per share.