Crucial indicators of the Nigerian Stock Exchange (NSE) on Friday dipped by 0.10 per cent following losses by some blue chips.
The All-Share Index declined by 29.26 points or 0.10 per cent to close at 30,773.64 against 30,802.90 on Thursday.
In the same vein, the market capitalisation which opened at ₦11.251 trillion shed ₦11 billion or 0.10 per cent to close at ₦11.240 trillion.
Analysts attributed the development to profit taking in preparation for Yuletide celebrations by some investors.
They noted that the market would continue to experience mixed performance until the forth coming general elections.
Seplat recorded the highest loss to lead the laggards’ chart, dropping by N8.50 to close at ₦584.50 per share.
Dangote Cement trailed with a loss of ₦3 to close at ₦187, while Guaranty Trust Bank dipped 90 kobo to close at ₦33.80 per share.
Access Bank depreciated by 35k to close at ₦7.05, while FCMB Group shed 8k to close at ₦1.65 per share.
On the other hand, Mobil Oil led the gainers’ table, gaining N16.80 to close at ₦184.80 per share.
Nestle followed with a gain of ₦10 to close at ₦1,470.10, while Total appreciated by N8 to close at ₦200 per share.
Okomu Oil garnered ₦3.20 to close at ₦76.20, while Forte Oil increased by ₦2.50 to close at ₦28.45 per share.
Guaranty Trust Bank was the most active stock during the day, trading 39.76 million shares worth ₦1.01 billion.
Zenith Bank followed with an account of 24.94 million shares valued at ₦570.23 million, while FBN Holdings sold 17.34 million shares worth ₦134.55 million.
In all, the volume of shares traded declined by 64.55 per cent as investors bought and sold 193.54 million shares valued at ₦3.67 billion in 2,922 deals.
This was against the 545.99 million shares worth ₦ 4.08 billion exchanged in 3,224 deals on Thursday.
