NSE report: Market close bearish as Dangcem & Nestle record losses

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NSE report: Market close bearish as Dangcem & Nestle record losses

The industrial sector had a big knock after Thursdays trade as dangote cement and nestle both recorded losses. 


This definitely took a toll on the ASI which plunged downwards by 1.07 basis point to close at 30,819.10 

UACN had a 50kobo gain in its share price, while CCNN also had a 25kobo gain as well 

The industrial sector had the highest hit with dangote cement shedding N5 when compared to its last close. Nestle also dropped by N5 

First bank nigeria holding led the list of top trades with a volume of 92,475 mill shares valued at N707,260 million. 

On sector indices, NSE insurance of appreciated by 0.25%, nse oil & gas was up 0.52% nse banking was down 0.81%, nse consumer goods was down 0.27% and nse industrial was down 1.61%