NSE index falls by 0.20%

Salamatu Ejembi, Lagos


At the close of trading activities on the floor of the Nigerian Stock Exchange on Wednesday, 15 stocks gained, 16 fell while all others remained unchanged. Compared to the 21 gainers and 15 losers on Tuesday.

The market which appreciated on Tuesday by 1.21 percent after days of fluctuating gains and losses, closed on Wednesday on a bearish note with the All Share Index closing at 28,088.74 basis points which is 0.20 per cent or 56.13 basis points less of Tuesday’s close of 28,144.87 basis points.
The Market capitalisation also fell by 0.20 per cent or 27 billion Naira to close on Wednesday at 13,689 trillion Naira as against previous closing of 13,716 trillion Naira on Tuesday.
Investors traded 1.6 million shares worth 2.5 billion Naira in 3,253.00 compared to Tuesday total of 1.35 million volume of shares traded at the value of 2.093 billion Naira in 3,358.00 deals.
Suzan O