The Nigerian Bourse on Thursday extends decline from the previous trading session as the All Share Index slides 0.27% to close at 38,928.02 points as against 39,031.72 points of Wednesday.
Market capitalisation drops by 0.26%, closing at N14.102 trillion as against N14.139 trillion of the last trading session, implying a loss of N37 billion.
Volume of traded stocks declined by 26.26%, shedding about 119 million units to settle at 336.6 million units from 456.4 million units it traded on Wednesday. Value of traded stocks grew by 26.90% to settle at N5.245 billion above N4.134 billion recorded in the previous trading session.
28 stocks closed positive against 18 that lost bringing the market breadth to a positive round off.
Okomu Oil led other percentage gainers, closing 10.24% above the previous close of N82.00 to settle at N90.40
Ikeja Hotel grew 9.20% and Japaul Oil grew 5.56% ahead other stocks like ETERNA, Cutodian and C&I Leasing.
Mutual Benefit tops the losers’ chart losing 6.06% of its share price, while NEIMETH and Union Diagnostic both shed 4.76% each.
UCAP has the highest traded volume of about 101.625 million units of its shares, while UBA traded 66.103 million units of its shares in 124 deals worth about N720 Million