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Transactions on the floor of Nigerian Exchange (NGX) on Friday closed lower, declining by N108 billion as investors sustained profit-taking activities.
The market capitalisation of listed equities declined by 0.07 per cent to N160.725 trillion from N160.833 trillion recorded the previous day.
The NGX All Share Index also depreciated by 167.40 basis points to 247539.73 points from 247707.13 points
An analysis of the investment showed that Thomas Wyatt led the gainers’ table with 10 per cent to close at N2.42 per unit; Etranzact followed with a gain of 9.84 per cent to close at N17.30 per share; AustinLaz added 9.77 per cent to close at N2.92 per unit; Omatek gained 9.59 per cent to close at N1.60 per unit; Legend Internet up 9.23 per cent to close at N3.55 per unit.
On the contrary, UDPC REIT topped the losers’ chart, dropping by 10 per cent to close at N21.15 per share; TransExpress trailed with a loss of 9.09 per cent to close at N2.70 per share; CMFC down by 8.06 per cent to close at N3.31 per unit; Royal Express declined by 6.48 per cent to close at N1.01 per unit; NPF Micro Finance Bank dipped by 5.43 per cent to close at N4.35 per unit.
Further analysis showed that the volume of trades declined by 29.03 million, representing 10.12 per cent as investors traded 257.733 million shares against 286.760 million reported the previous day; the value of shares fell by 14.63 per cent to N13.07 billion.
Transactions in the shares UBA led market activities with 28.288 million shares valued at N1.216 billion; Zenith Bank followed with account of 16.535 million shares cost N2.094 billion; Livestock Feeds traded 16.415 million worth N317.591 million; GTCO Plc traded 14.488 million shares cost N1.820 billion; Japaul Gold exchanged 10.389 million shares cost N26.759 million.
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