Business
Nigerian equity market dips further 0.06%
Losses by some major banking stocks caused the Nigerian equity market to sustain its downtrend on Thursday, declining 0.06 per cent.
The All Share Index (ASI) shed 15.91 absolute points, declining 0.06 per cent to close at 26,456.29 points. Similarly, the Market Capitalization lost N7.74 billion, dipping 0.06 per cent to close at N12.88 trillion.
WAPIC gained 9.38 per cent to top 10 other advancers, CORNERST shed -11.3 per cent to top the 8 loser chart.
The total volume of stocks traded increased 4.1 per cent to 144.1million units, while value traded was down 19.6 per cent to N2.9billion.
GTBank was most active stocks both in terms of volume and value, exchanging 35.2 million units worth N946.7 million. FBNH 24.3m units valued N130.79 million and Fidelity Bank 14.0 million units worth 23.69 million, were other active equities.
