Forte Oil led 12 other gainers despite market decline of 0.96%, Thursday

Trading activities on the floor of the Nigerian Stock Exchange on Thursday, January 3, 2019 closed in red as the All Share Index declined by 0.96% to close at 30,771.32 points.

Market capitalisation closed at N11.475 trillion which is a decline 0.96% from the previous trading session on Wednesday.

Aggregate volume of traded stocks closed at 169.19 million units valued at N1.128 billion in 3,683 deals.

Market Breadth

13 stocks closed positive while 24 stocks lost, bringing the market breadth to a negative round off.

Percentage Gainers

Forte Oil with 9.64% growth led other percentage gainers to close at N30.7 from the previous close of N28

Union Bank, Trans-Express and Julius Berger grew 8.04%, 7.79% and 5.20% among other stocks on the gainers chart.

Percentage Losers

GSK tops the losers ‘chart, shedding 10% of its share price to close at N13.05 from the previous close of N14.5.

University Press and MCNICHOLS shed 9.63%, 8.51% of their share prices respectively. FCMB and First Aluminium both shed 8.33% of their share prices among other stocks on the losers’ chart

Volume Drivers

Diamond Bank traded about 51.95 million units of its shares in 367 deals, valued at about N107.2 million.



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