John Okoh, Lagos
As the month of July sets in the major key indicator on the floor of Nigerian Stock Exchange (NSE) continued on its slow pace as All Share Index (NSE ASI) and the Market Capitalization decreased by 1.10 percent at the close of business on Tuesday, while the Year-to-Date return stood at 20.60 percent.
The All Share Index closed at 32,410.20 against the previous close of 32,769.80 while Market Capitalization closed at ₦11.170 trillion against previous close of ₦11.332 trillion.
Volume traded increased by 27.00 percent from 162.354 million to 206.184 million, while the total value of stock traded increased by 12.19 percent from ₦1.517 billion to ₦1.702 billion in 4,294 deals.
The Financial Services sector led the activity chart with 154.916 million shares exchanged for ₦1.196 billion. Conglomerates came next with 25.145 million shares traded for ₦0.044 billion, Consumer Goods, Construction/Real Estate, Agriculture sectors followed in that order on the activity chart.
Fidelity Bank Plc, Transcorp, Access Bank, FBN Holding, and Sterling Bank Plc were the most active stocks by volume. Red star express, Honeywell Flour Mill Plc, Skye Bank, AG Leventis and Northern Nigerian Flour Mills Plc emerged the highest price gainers on the chart, while Neimeth Pharmaceutical Plc, United Bank for Africa Plc, Flourmill Nigeria Plc, Julius Berger and Guinness Nigerian Plc topped the losers chart.
