NSE All Share Index drops by 1.02 percent

The Nigerian Stock Exchange continued to close on a negative note on Wednesday as the All Share Index declined by 1.02 per cent to close at 39,278.47points from 39,681.71 on Tuesday.

Also, the market capitalisation declined to N12.970 trillion from N13.103 trillion on Tuesday.

It is pertinent to note that only eight stocks added weight on Wednesday, led by Forte oil with a gain of N9.00 or 4.31 per cent to close at N218.00, followed by UPL that gained N0.15 or 3.76 per cent to close at N4.14 while Zenith Bank gained N0.72 or 3.37 per cent to close at N22.10.[share_this_post]

A total of 420,010,971 shares valued at N4.612 billion exchanged hands in 5,497 deals.

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