NSE Index Posts 0.5% Slide As Dismal Trading Lingers

NSEBull-vs.-Bear

Trading activities on the floor of the Nigerian Stock Exchange, NSE, remained in the Red Zone on Wednesday, March 30, as the All Share Index shed 132.01 basis points represented 0.51 per cent.

At the end of the trading, general index which opened with 25,277.29 points end with 25,145.28 points yesterday.

The depreciation recorded in the bourse’s indices fell on losses recorded in share prices of Nigerian Breweries which dropped by N4.83, Guinness with a loss of N3.18, PZ Cussons Plc with a decline of N1.19, UACN’s fall of 48 kobo and Zenith Bank’s depreciation of 35 kobo.

 

At the end of the trading, Livestock Plc led the most traded stocks with 100.340 million unit of share worth N107.380 million followed by Sterling Bank Plc with 70.598 million shares at N111.526 million, UAC of Nigeria Plc with 65.691 million shares valued at N122.675 million, FCMB Plc with 40.241 million of share at N35.219 million and FBN Holdings Plc with 37.698 million share worth N115.457 million.

-punchng

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