Nigerian equities market closes flat, as Lafarge, Wapco lead gainers chart

Traders work at the Nigerian Stock Exchange in Lagos, February 13, 2015. REUTERS/Joe Penney

The Nigerian equities market remained unchanged Thursday from previous trading session as the All share index closed 25,514.03 points while the market cap dropped 23.4 million to steady at N8.827 trillion.

Price Movement chart showed 20 stocks gained while 14 declined, an indication of improved investors’ sentiments.

Lafarge (WAPCO) topped the day’s gainers with 8.47 percent to close at N41 per share, Learn Africa Plc followed with a growth of 4.62 percent to close at 68 kobo per share, Livestock Feeds added 4.55 percent to close at 69 kobo, Sterling Bank appreciated 4.23 percent to close at 74 kobo while Fidson Health Care Pharmaceuticals completed the day’s five top gainers with an increase of 4.12 percent to close at N1.01 per share.

On the other hand, Seplat led the day’s decliners with 9.73 percent to close at N359.28 per share, Guinness was next with a decline of 4.21 percent to close at N60, Africa Prudential Registrars fell 3.77 to close at N2.30 per share while Access Bank and Nascon Allied Industries  dropped 3.58 and 2.95 percent each to close at N5.93 and N6.91 per share respectively.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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