NSE market indices record marginal growth

Date:

Nigerian Stock Exchange (NSE)Transactions on the Nigerian Stock Exchange (NSE) yesterday closed flat with the All-Share Index recording a marginal growth of 0.01 per cent after dropping for two consecutive days.

The News Agency of Nigeria (NAN) reports that the NSE All-Share Index appreciated by 4.88 points or 0.01 per cent to close at 38,485.48 points as against 38,480.60 points achieved on Tuesday.

The market capitalisation which opened at N12.667 trillion, grew by N4 billion to close at N12.671 trillion following marginal gains by some blue chip equities.

Seplat recorded the highest price gain, appreciating by N29.81 to close at N626.31 per share.

It was trailed by Mobil with N2.12 to close at N118.22, while Julius Berger gained N2.01 to close at N70.90 per share.

READ MORE  FG to site grain hub in Port Harcourt, 25,000 Metric tonnes expected from Ukraine

Nigerian Breweries garnered N1.10 to close at N150, while Zenith appreciated by 76k respectively to close at N150.00 and N22.70 per share.

On the other hand, Nestle topped the losers’ chart, dropping by N40 to close at N1,040 per share.

Cadbury followed with N3.95 to close at N75.05, while Guinness declined by N2 to close at N176 per share.

Presco lost N1.88 to close at N40.12, while UACN declined by N1.69 to close at N56.56 per share.

In all, investors bought and sold 300.26 million shares worth N5.38 billion transacted in 4,800 deals against 221.91 million shares valued N2.83 billion traded in 4,784 deals on Tuesday.

READ MORE  Diamond Bank set to sell its UK Banking Operations

FBN Holdings was the toast of investors, accounting for 72.06 million shares worth N1.03 billion.

ABC Transport followed with 46.79 million shares valued N38.68 million, while Zenith traded 20.32 million shares worth N460.51 million.

Nigerian Breweries exchanged 13.69 million shares valued N2.05 billion, while Transcorp sold 13.62 million shares worth N47.37 million. (NAN)

 

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Al-Hikmah University Vice- Chancellor calls for meaningful digital transformation in re- imagining education

  The Vice-Chancellor, Al-Hikmah University, Ilorin, Prof. Lateef Oladimeji has...

Jennifer Adighije at Two: Rebuilding NDPHC, Restoring Value

By Francis Emechete As Engr. Jennifer Adighije marks her second...

Tinubu orders swift rescue operation after mass abduction in Niger

Vows terrorists “will not go scot-free”   By Egena Sunday...

No going back on reinstatement of subsidy, Atiku insists

Says targeted domestic support will lower cost   By Lateef...