20th December, 2013
Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on depressed note on Friday with the market indices depreciating by 0.50 per cent.
Market capitalisation depreciated by N64 billion to close at N12.660 trillion from the N12.724 trillion recorded on Thursday.
The drop in the market capitalisation was as a result of price losses by some blue chips.
The All-Share Index also lost 197.68 points or 0.497 per cent to close at 39,562.75 compared with the 39,760.43 achieved on Thursday.
Nigerian Breweries led the losers’ table, depreciating by N6.47 to close at N161.50 per share.
Nestle lost N4.90 to close at N1, 185.10, while Glaxosmith share price fell by N2.50 to close at N62.50.
Zenith Bank dropped 41k to close at N22.90, while FBNH depreciated by 40k to close at N16.10 per share.
On the other hand, UACN and Dangote Cement led the gainers’ table, appreciating by N1 each to close at N66 and N211 per share, respectively.
Champion Breweries gained 84k to close at N17.79 per share.
Unilever rose by 80k to close at N53.80, while ETI also rose by 26k to close at N15.01 per share.
The volume of shares traded depreciated by 2.14 per cent as 698.899 million shares worth N4.913 billion were traded in 4,478 deals.
This was against the 714.200 million shares valued at N3.056 billion traded in 4,276 deals on Thursday.
Transcorp was the toast of investors, accounting for 172.55 million shares worth N677.34 million.
FCMB came second on the activity chart with 169.02 million shares valued at N540.97 million, while ETI sold 47.29 million shares worth N702.79 million.
Investors staked N17.12 million on 33.48 million shares of Unity Bank and traded 31.75 million shares of UBA valued at N250.79 million.
