NSE suffers negative trading  

The Nigerian Stock Exchange (NSE) opened November trading  on negative note with the market indices crashing further by 1.42 per cent.
The market capitalisation lost N168 billion or 1.42 per cent to close at N11.684 trillion against N11.852 trillion on Wednesday.
The All-Share Index shed 459.62 points or 1.42 per cent to close at 32,006.65 compared with 32,466.27 achieved on Wednesday.
The further drop in the indices was as a result of huge losses recorded by major blue chips with Nestle, topping the laggards’ table.
Nestle dipped by N20 to close at N1, 360 and was followed by Dangote Cement with a loss of N6 to close at N203 per share.
CAP lost N2.85 to close at N25.75, while Cement Company of Northern was down by N2.45 to close at N22.50 per share.
Dangote Sugar dipped by N1.10 to close at N12.70 per share.
On the other hand, Presco recorded the highest price gain of N3.65 to close at N59.85 per share.
Lafarge Africa followed with a gain of 35k to close at N17.85, while Flour Mills appreciated by 25k to close at N18.50 per share.
Fidson Healthcare added 20k to close at N5.10, while Nigerian Breweries also improved by 20k to close at N82.60 per share.
FCMB Group dominated trading, accounting for 167.73 million shares valued at N261.23 million.
GTB came second with 85.76 million shares worth N3.21 billion, while Zenith Bank traded 24.37 million shares valued at N562.86 million.
Transcorp accounted for 8.58 million shares worth N10.86 million, while FBN Holdings sold 6.09 million shares valued at N48.15 million.
In all, investors exchanged 355.76 million shares worth N4.86 billion in 3,019 deals.
This was against the 212.51 million shares valued at N3.77 billion traded in 3,211 deals on Wednesday.