*As market shed from profit taking
AT the close of business yesterday, more companies dropped their various notifications which ranged from quarterly results, unaudited results, insider dealings and board meetings timing with The Exchange in line with the new rule of the apex regulator, the Securities and Exchange Commission (SEC).
The rule, which has to do with companies complying with being transparent and also operating on online real-time, compelled five different companies to submit their notifications of board meetings among others.
These companies include United Capital, NGX Group, Custodian Investment and Chams Pls. United Capital alone between Tuesday and Wednesday submitted twelve different notifications explaining the insider dealings transactions on his shares.
This was followed by Custodian & Allied and Chams board meetings and International and Energy Insurance third and fourth-quarter results.
However, trading on the floor of the exchange reflected a drop of 0.09 per cent on key indicators with market capitalization shedding N22 billion to close at N25.442 trillion, while the All-Share Index reduced by 41.63 basis points to close at 47, 207.27 points.
Specifically, investors transacted 230.646 million shares worth N3.493 billion exchanged in 4,377deals. Bond capitalization and ETF capitalization hit N21.019 trillion N7.158 billion respectively.
In all 44 stocks witnessed price change with 28 appreciating while 16 reduced in price value. Etranzact led the gainers table with a gain of 10 per cent to close at N2.20 followed by RT Briscoe, Niger Insurance and May & Baker.
On the losers table Africa Prudential and Dangote Sugar followed with a drop of 5.77 per cent and 5.28 respectively.
