NSE Market Indicators Grow By 0.41%

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NSE Market Indicators Grow

NSE Market Indicators Grow

Trading on the Nigerian Stock Exchange (NSE) was on the upbeat on Tuesday after days of persistent slide in share prices.

The All-Share Index grew by 83.39 points or 0.41 per cent to close at 20,667.00 against the 20,583.61 posted on Monday.

Also, the market capitalisation, which opened at N6.487 trillion, appreciated by N26 billion or 0.41 per cent to close at N6.513 trillion.

Nigerian Breweries topped the price gainers’ chart, appreciating by N1.47 to close at N97 per share.

FBN gained 50k to close at N10.50 per share, Glaxosmithkline increased by 43k to close at N22, while GTB grew by 36k to close at N14.06 per share.

Cement Construction of Northern Nigerian (CCNN) rose by 20k to close at N4.71per share.

Conversely, NewGold ETF recorded the highest price loss of N29 to close at N2, 660 per unit.

Total depreciated by N9.50 to close at N180.50, while Julius Berger lost N1.21 to close at N23.16 per share.

CAP declined by 72k to close at N13.78 per share, while UACN shed 59k to close at N28 per share.

The banking sub-sector remained the toast of investors with 783.1 million shares worth N1.9 billion traded in 2,026 deals.

UBA drove activity in the sub-sector with 647.3 million shares valued at N1.1 billion exchanged in 252 deals.

FBN trailed with 28.9 million shares worth N301.1 million traded in 612 deals.

The conglomerates sub-sector came second on the activity chart with 15.9 million shares worth N73.4 million traded in 246 deals.

Transcorp was the toast of investors in the sub-sector as investors staked N6.8 million on 13.6 million shares in 85 deals.

Unilever sold 1.1 million shares worth N32.4 million in 73 deals.

A total of 860.3 million shares worth N2.6 billion were exchanged in 3,784 deals against the 252.2 million shares valued at N1.4 billion traded in 3,123 deals on Monday.


Ahman Makama
Author: Ahman Makama

In : Business

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