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11 banking stocks decline as index improves

Nigerian Stock Exchange

TVCE –  Skye Bank Plc, Unity Bank Plc, FCMB Group Plc and Access Bank Plc topped the losers’ table after the close of trading at the Nigerian Stock Exchange.

Seven other banks also shed part of their share values, among other losers at the Exchange. The share prices of 30 firms depreciated on Thursday.

A total of 166.390 million shares worth N1.657bn were traded in 2,917 deals.

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However, the NSE market capitalisation struggled to close at N9.377tn from N9.347tn, while the All-Share Index grew to 27,266.18 basis points from 27,180.76 basis points recorded on Wednesday.

 The highest index point recorded in the course of trading was 28,642.25 basis points, while the lowest and average index points were 27,180.76 and 27,912.33 basis points, respectively.
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