Capital market indices dip by 0.34%

Equity transactions at the Nigerian Stock Exchange (NSE), on Monday, ended on a negative note as some blue chips recorded price depreciations. The All-Share Index, due to the downward trend, depreciated by 108.6 basis points or 0.34 per cent to close at 31,474.88 points as against the opening index of 31,583.48 points.
Similarly, the market capitalisation dropped by N32 billion to close at N10.070 trillion from the N10.102 trillion recorded on Jan. 25. NewGold led the losers’ chart with N11 to close at N2,535 per unit. Dangote Cement followed with N6.80 to close at N140.20 per share while Air Service dipped by 49k to close at N10.90 per share.
Access Bank lost 23k to close at N10.90 per share, while Diamond Bank lost 20k to close at N6.50 per share. On the other hand, Julius Berger led the price gainers’ table with N5.15 to close at N56.67 per share. Guinness followed with N5 to close at N290 per share, while Flourmill added N3.67 to close at N77.16 per share. Nestle appreciated by N3.30 to close at N756.30 per share, while UACN share price grew by N3.05 to close at N55.05 per share. Investors bought 970.02 million shares worth N8 billion in 6,374 deals. This is against the 552.92 million shares valued at N6.22 billion traded in 6,565 deals on Jan 25.