Stories by Chinwendu Obienyi
Equities trading on the floor of the Nigerian Stock Exchange (NSE), yesterday, reversed its previous loss of 0.33 per cent as the All Share Index (ASI) was up by 0.51 per cent, on the back of gains recorded by FCMB and Skye Bank , to close at 43,119 points.
At the close of trading, the market capitalisation increased by N77 billion to close at N15.447 trillion from N15.370 trillion in the previous trading session.
Market breadth index closed positive as 26 stocks advanced while 26 others declined.
FCMB was the top gainer, rising by 9.84 per cent to close at N2.79 per share. Skye Bank followed with 8.33 per cent gain to close at 91 kobo, while Caverton, Fidelity Bank and International Breweries rose by five per cent each to close at N1.68, N3.36 and N63 respectively.
On the flipside, Eterna Oil topped the losers’ chart with 6.82 per cent to close at N6.15 per share. UBN trailed with a loss of 5 per cent to close at N7.98, WAPCO declined by 4.99 per cent to close at N54.06, NAHCO depreciated by 4.90 per cent to close at N4.27 while Cutix fell by 4.85 per cent to close at N2.16 per share.
Transcorp continued its run as the most actively traded stock for the second time this week with 193.90 million shares worth N400.079 million. Diamond Bank clung to second spot, trading 85.661 million shares worth N221.862 million, while FCMB sold 57.574 million shares valued at N157.895 million.