Profit taking drives NSEASI 1.53% lower, as market sheds N234b, Thursday


The Nigerian Bourse further declined today with the All Share Index closing at 42,185.38 points, which is 1.53% lower when compared with the 42,839.49 points of the previous trading session.

The investors consequently lost about N234 billion as proft taking across counters put market capitalization also to a 1.53% decline, to close at N 15.091 trillion as against N 15.325 trillion of the last trading session.

Volume of stocks traded grew by 8.34% compared to last trading session, but Value of stocks traded declined by 11.94% to settle at N6.03 billion compared to 6.848 billion of the last trading session.

Market Breadth

15 stocks closed positive against 39 that lost bringing the market breadth to a negative round off.

Percentage Gainers

NPF Microfinance Bank led other percentage gainers closing 9.78% above the previous close of N1.84, to settle at N2.02. John Holt grew 4%, Dangote Sugar grew 3.77% and Courtville grew 3.57% ahead other stocks like NAHCO, Linkage Assurance and few others.

Percentage Losers

Fidelity Bank tops the losers’ chart losing 9.25% of its share price, while Japaul Oil and Unilever both shed 8.75% and 8.48% respectively.

The most actively traded equity for the day is Zenith Bank trading about 66million units of share in 901 deals, worth about N1.9 billion.


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