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Nigerian stocks gain little as liquidity drops

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Trade volume depleted by as much as 31 per cent.

Neimeth appreciated by 7.57 per cent to N1.99. Transcorp went up by 5.62 per cent to N0.94. UPDC rose to N1.79, notching up 4.68 per cent in the process. Sovereign Trust added 4 per cent to end trade at N0.26. Flour Mills completed the top 5, climbing by 3.99 per cent to N30.TOP FIVE LOSERS

Mutual Benefits was the worst performing stock, declining by 9.68 per cent to close at N0.28. FTN Cocoa shed 8.16 per cent to close at N0.45. NPFMFB fell to N1.75, losing 7.89 per cent. Honeywell declined to N3.70, recording 5.13 per cent decline. Chams closed at N0.21, going down by 4.55 per cent.Transcorp was the most active stock with 20.5 million shares worth N18.7 million traded in 112 deals. Access traded 18.5 million shares priced at N170.5 million in 286 transactions. Unity Bank had 15.

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