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Nigerian Stock Exchange Indicators Dip By 0.04%

Submitted by LEADERSHIP EDITORS on June 26, 2012 - 5:40pm

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Market indicators of the Nigerian Stock Exchange (NSE) dipped marginally by 0.04 per cent on Tuesday due to price losses by some companies. 

The News Agency of Nigeria (NAN) reports that the All-Share Index depreciated by 10.05 points or 0.04 per cent to close at 21,347.17 against the 21,357.22 recorded on Monday.

Also, the market capitalisation dipped by N3 billion or 0.04 per cent to close at N6.814 trillion against N6.817 trillion recorded on Monday.

Flourmill led the price losers’ chart with a loss of N2 to close at N57 per share.

UACN trailed  with 86k to close at N31.90 per share, while Oando dropped 72k to close at N13.78 per share.

Berger Paint depreciated by 44k to close at N8.54 per share, while UAC Property lost 32k to close at N9.25 per share.

On the other hand, NewGold led the price gainers’ chart with a gain of N17 to close at N2, 510 per unit.

Unilever came second with 30k to close at N30, while Dangote Flour rose by 17k to close at N5.17 per share.

FCMB and ETI appreciated by 10k each to close at N3.20 and N10.90 per share, respectively

NAN reports that the volume of transaction fell as 231.69 million shares worth N1.7 billion were traded in 3,959 deals.

This was against 271.03 million shares valued at N1.3 billion traded in 3,649 deals on Monday. (NAN)