The nation’s bourse closed trading on Friday in red with key market indices dropping by 1.37 per cent, amid losses by blue chips as investors realized the previous day’s profit.
Specifically, the market capitalisation declined by N279 billion within six trading hours to close at N20.081 trillion from N20.360 trillion recorded on Thursday.
Also, the All-Share Index dipped by 532.45 points or 1.37 per cent to close at 38,382.39 from 38.914.84 achieved on Thursday.
Lasaco Insurance topped the losers’ chart in percentage terms, dropping by 6.92 per cent to close at N1.21 per share.
BUA Cement trailed with 6.42 per cent to close at N69.95, while Neimeth International Pharmaceutical shed 6.32 per cent to close at N1.78 per share. Courteville dipped by 4.76 per cent to close at 20k, while Oando declined by 4.39 per cent to close at N3.05 per share.
On the other hand, Ikeja Hotel led the gainers’ chart in percentage terms, growing by 10 per cent to close at N1.10 per share.
Eterna followed with a gain of 9.84 per cent to close at N5.58, while United Capital garnered 7.37 per cent to close at N5.10 per share. Union Bank Nigeria added 4.95 per cent to close at N5.30, while Africa Prudential Registrars was up by 4.90 per cent to close at N5.35 per share.
Traded shares closed lower with 290.62 million shares valued at N4.02 billion in 4,311 deals.
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