A number of highly capitalized stocks depressed the equity market today, as The Nigerian Stock Exchange All Share Index (NSE ASI) depreciated by 0.57% to close at 24,986.02 points.
The depreciation recorded in the share prices of GT Bank, Dangote Cement, Lafarge Africa, FBN Holdings and Zenith Bank were mainly responsible for the loss recorded in the Index.
Year-to-Date, the NSE ASI depreciated by 7.03%. Similarly, the Market Capitalization depreciated by 0.57% to close at N8.65trn, compared with the appreciation of 2.23% recorded yesterday to close at N8.70trn.
The total value of stocks traded on the floors of The NSE was N3.90bn, up by 50.07% from N2.60bn recorded yesterday.
The total volume of stocks traded was 218.72mn in 3,191 deals. The three most actively traded stocks were: Stanbic IBTC (29.01mn), Access Bank (28.90mn) and Zenith Bank (24.03mn). The most actively traded sectors were: Financial Services (157.68mn), Consumer Goods (38.67mn), and Conglomerates (10.42mn).