ALL SHARES INDEX DOWN DESPITE EVEN SWING

All shares index closed closed at 25055.29 down on yesterday's recovery to  25130.26 today February 16 at the Nigerian stock market.

This was despite even number of losers and gainers, close % range of price change and despite positive shifts in six out of current sub indices.

Julius Berger. rarely had 157,272 units changing hands in 12 deals at N36.17 per share up day high 5%.

Three other equities out of 17 gainers closed with above 4% per share gains. Close to the leader was Neimeth International which added 4.56%  or N0.3 per share; FBN Holdings up 4.38% or N0.14 per share as 127 deals were sealed for 2,556,155 units and Sterling bank with N0.3 or 4.29% gain per share.

There were 17 losers too led UACN with 4.97% decline or N0.75 per share as 350,216 units changed hands in 34 deals.

However, top loser in Naira was Nigerian Breweries which continued its downswing losing N4.48 or 3.81% per share in 90 deals for 370,945 shares.

Other major losers were Vitafoam, down 4.81%; John Holt down 4.55% as a lone deal was sealed for 246,590 units and AXA Mansard Insurance which lost 4.4% in 8 deals for 1,471,234 shares.

The day's market activities were average as total deals came to 2303 for total volume of 144,395,422 shares.

Top volume was UBA's 30,380,772 units sold in 78 deals at N4.85 per share up 1.4% followed by GTB's 23,641,204 shares in 147 deals at N24 per share, up 0.84% and FCMB's 13,098,256 in 62 deals at price that was down 0.76% per share.

Day high deals were recorded in Zenith International in which 211 deals were recorded for 12,776,707 units followed by 187 deals in Forte Oil for 938,034 shares.

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