Nigerian stocks closed on a negative today, as the All Share Index (ASI) dipped by 1.87% to close at 24,056.12. This is a consecutive slump, after the ASI finished on a negative yesterday with a 1.26% drop.

The decline in stocks may be attributed to the fact that investors are trying to sell their shares due to a decline in the value of the naira. The Naira has been depreciating against the dollar due to scarcity as the CBN is tightening control.

Here is a snapshot of today’s trading;

ASI: 24,056.12

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DEALS: 2,847.00

VOLUME: 335,612,027.00

VALUE: 1,952,366,020.54

CAP: 8,273,348,795,719.78

Here are the top gainers for the day;

SEPLAT gained 5% to close at N274.37

NPFMCRFBK gained 4.85% to close at N1.08

NAHCO gained 4.82% to close at N3.70

MAYBAKER gained 4.76% to close at N0.88

NEM gained 4.23% to close at N0.74

Here are the top losers fot the day;

NNFM lost 9.52% to close at N6.65

UNILEVER lost 4.99% to close at N27.98

LEARNAFRCA lost 4.88% to close at N0.78

OANDO lost 4.76% to close at N3.60

GUINNESS lost 4.45% to close at N115.42

FCMB lost 4.44% to close at N0.86

DANGCEM lost 4.23% to close at N139.83

ASHAKACEM lost 4% to close at N24.00

FBNH lost 3.07% to close at N3.79

GUARANTY lost 2.88% to close at N16.18