Ahead of the elections, the market indices of the Nigerian Stock Exchange (NSE) on Friday dropped by 0.16 per cent following profit taking.
Specifically, the All-Share Index lost 53.13 points or 0.16 per cent to close at 32,515.52, compared with 32,568.65 achieved on Thursday.
Also, the market capitalisation which opened at ₦12.145 trillion shed ₦20 billion or 0.16 per cent to close at ₦12.125 trillion.
Okomu Oil topped the losers’ chart, declining by ₦4.95 to close at ₦80.05 per share.
Nigeria Breweries trailed with a loss of ₦2.50 to close at ₦80, while Cadbury dipped by ₦1.10 to close at ₦1.40 per share.
Dangote Cement depreciated by 60k to close at ₦192.40, while Flour Mills was down by 50k to close at ₦20.20 per share.
Conversely, Mobil led the gainers’ table during the day, gaining ₦8 to close at ₦178 per share.
Total followed with a gain of ₦5 to close at ₦195, while Zenith Bank gained 45k to close at ₦25.75 per share.
Dangote Flour added 35k to close at ₦10.05, while Guaranty Trust Bank gained 20k to close at ₦38.20 per share.
Diamond Bank was the most active stock, exchanging 40.72 million shares worth ₦98.66 million.
Cornerstone Insurance followed with an account of 26.65 million shares valued at ₦5.58 billion, while Access Bank traded 22.68 million shares worth ₦144.23 million.
Guaranty Trust Bank sold 19.07 million shares valued at ₦729.98 million, while FBN Holdings traded 16.32 million shares worth ₦135.79 million.
In all, investors traded 221.47 million shares valued at ₦2.24 billion traded in 2,659 deals.
This was in contrast with 220.61 million shares worth ₦2.24 billion transacted in 4,327 deals.
(NAN)