Transactions on the Nigerian Stock Exchange sustained its sliding profile, as virtually all the bluechip companies depreciated in prices, causing the All-share index to dip significantly by 2.1 per cent.

Specifically, at the close of trading yesterday, the All-share index dropped by 498.69 points or 2.1 per cent from 23,333.34 points recorded on Tuesday to 23,832.03 while market capitalisation depreciated by N172 billion, from N8,196 tyrillion to N8,024 trillion.

Yesterday, 24 stocks depreciated in price, while 11 others constituted the losers chart.
TransNational Corporation emerged the day’s highest price loser with 9.16 per cent to close at N1.19 per share while United Bank for Africa followed with 7.72 per cent to close at N2.75 per share.

First City Monument Bank shed 7.62 per cemnt to close at N0.97 per share. Zenith Bank lost 7.59 per cent to close at N11.20 per share. Access Bank dropped 7.54 per cent to close at N3.80 per share.

NEM and FBN Holding lost 5.88 and 5.34 per cent to close at N0.64 and N3.90 per share. RedStar Express dropped 5.00 per cent to close at N3.80 per share.
Nigerian Breweries lost 4.91 per cent to close at N96.65 per share. Honeywell also shed 4.73 per cent to close at N1.41 per share.

On the other hand, Seplat petroleum topped the gainers chart with 8.26 to close at N185.00 per share. Cadbury trailed with 4.96 per cent to close at N16.71 per share. AIICO gained 4.94 per cent to close at N0.85 per share.

National Salt Company of Nigeria and AG Leventis garnered 4.86 and 4.76 per cent to close at N6.69 and N0.66 per share.
TransNational Express added 4.55 to close at N1.15 per share. Learn Africa gained 3.95 per cent to close at N0.79 per share.

Fidelity Bank, UAC-Properties and Mobil also garnered 3.85,2.36 and 1.81 per cent to close at N1.35, N5.20 and N140.50 per share.

Investors exchanged a turnover of 260.480 million shares worth N1.704 billion in 3465 deals against 142.851 million shares valued at N1.644 billion in 3298 deals.

Further breakdown of the transactions indicated that ‎ United Bank for Africa recorded the highest volume of activities, trading 59.641 million shares worth N163.156 million in 239 deals, Zenith International Bank followed with a account of 39.671 million shares valued at N443.550 million in 462 deals, FBNHoldings traded 29.243 million shares cost N114.450 million in 396 deals.