The Nigerian Stock Exchange (NSE) All Share Index (ASI) plunged by 0.48% today, reversing gains recorded in previous session, amid renewed profit-taking activities by investors.
Trading activity for the day which closed with 20 losers as against 10 gainers, saw share prices of big caps such as Dangote Cement, Zenith Bank, Guaranty Trust Bank and FBN Holdings dip 1.04%, 0.89%, 0.84% and 1.20% respectively, dragging the industrial and banking sector indices lower by 0.52% and 0.37% respectively.
Hence, the ASI year to date loss stood in negative territory of-0.70% while market Capitalization lost N55.75billion representing a decline of 0.48% to close at N11.64trillion.
Activity chart ended mixed as the total volume of equities traded fell by 52.94% to 177.63 million units, while the total value of equities traded rose by 13.18% to N2.56 billion as Zenith shares accounted for 70% of the total value sold in the market on Thursday, March 14.
MCNICHOLS emerged the day’s top gainer with a share price growth of 9.62% to close at 57 kobo per share while Learn Africa emerged as the top loser, having lost 9.66% of its share price to close the day at N1.31 per share.