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Stock market report: Nestle loses N9

Reports from the trading floor of the Nigerian Stock Market reveal that the All Share Index (ASI) appreciated by 54.45 to close at 38,640.44 on Thursday.

At the end of trading activities for the day, Market Capitalisation also appreciated by N18 billion to end at N12,720 trillion.

A total of 300,783,562 shares valued at N2,896,026,364.56 were traded in 3,990 deals.

Mobil led the gainers’ table, adding N5.90 to end day at N129.40.

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Ashaka Cement followed with an appreciation of N0.80 to close at N19.80.

Okomu Oli gained N0.66 to close at N35.60, while Oando added N0.52 to close at N16.00.

Nestle led the losers’ table, losing N9.51 to close at N1,070.49. Wapco followed with a loss of N1.99 to close at N110.00

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Nigerian Breweries and UACN followed, both losing N1.00 to close at N149.00 and N56.00, respectively.

FCMB was the most traded equity, trading 32,942,471 shares worth N116,677,979.48

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