The overall performance indices of the Nigeria Stock Exchange dropped by 0.14%, thereby making trading activities on the floor of the Nigeria stock exchange to go down. Also, transaction on the stock market had closed on a positive path in previous days.
When all trading activities were brought to a close yesterday, 14th November, 2018, the all-share index went down by 43.98 basis points or 0.14% to close at 32,108.92 index points in contrary to 32,152.90 recorded the previous day. The market capitalization of equities also depreciated from N11.738 trillion by N16 billion to N11.722 trillion.
You must take note of the fact that a turnover amounting to 229.3 million shares exchanged in about 2,728 deals was achieved in the trading of the day.
The premium sub-sector measured by a turnover volume with 123.8 million shares exchanged in 907 deals by the investors and it is therefore adjudged the most active.
Volume in the sub-sector was majorly influenced by the activities in the shares of Access bank along with the FBNH Plc while shares of GTB as well as Diamond bank plc boosted the banking sub-sector with a turnover of 48.9million shares in 506 deals.
The total number of gainers as at when the trading session closes was 16 while decliner closed at 15.
When the activity of the day is analyzed further, it is discovered that Unity bank of Nigeria topped the gainers’ table with 8.97% to close at 85kobo per share. The Honeywell Flour Mill is discovered to trail with 6.00 percent to close at N1.06 per share. It was followed by the Rock insurance and Law union with a gain of 5.77 percent to close at 55kobo per share.
Considering the flip side, the loser’s chart was led by Diamond Bank Plc with a drop of 9.52per cent to close at 95 kobo per share and followed by Eterna Oil PLC with a loss of 9.17 percent to close at N4.95 per share, while jaiz bank went down by 9.09% to close at 40kobo per share.