The equity segment of the Nigerian Stock Exchange, NSE, retained a downward trajectory on Friday, January 15.
The All-Share Index slid by 2.99% to 23,514.04 points, compared with the depreciation of 3.44% recorded yesterday.
Week-on-Week, the Index plunged by 13.00% while Year-to-date (YTD), it depreciated by 17.90%.Similarly, the Market Capitalization fell by 2.99% to close at N8.09trn, compared with the depreciation of 3.44% recorded yesterday to close at N8.34trn.
The losses recorded in the share prices of GT Bank, Access Bank, Nestle, Zenith Bank and Dangote Cement were mainly responsible for the depreciation in the value of the Index.
The total value of stocks traded on the floors of The NSE today was N6.18bn, up by 156.59% from N2.41bn traded yesterday. The total volume of stocks traded was 476.65mn in 4,448 deals.
The three most actively traded stocks were: GT Bank (120.39mn), Zenith Bank (113.75mn) and UBA (44.61mn). The most actively traded sectors were: Financial Services (400.33mn), Conglomerates (32.18mn) and Consumer Goods (18.66mn).