Nigerian Stock Exchange (NSE)

Trading on the Nigerian Stock Exchange closed on a positive note today as the All share Index of appreciated by 0.22 per cent to close at 30,231.16 points compared with 0.14 per cent gained last Friday at 30,165.22 points.

Market Capitalization similarly gained N22.659 billion to close at N10.389 trillion compared to N14.443 billion gained last Friday to close at N10.367 trillion.

Eight of the eleven sectoral indices likewise appreciated in today’s transactions, with the NSE Oil/ Gas Index leading with a 0.07 per cent gain to close at 347.23 points while NSE Consumer Goods Index and Industrial Index were recorded as the sectoral losers for the day closing 776.70 points and 2,146.79 points respectively, with The NSE ASEM Index remaining flat.

FCMB Plc topped 25 equity gainers with a 6.22 per cent or 13 kobo gain to close at N2.22 per share followed by Evans Medical Plc which added 5.00 per cent or 3 kobo to close at 63 kobo per share while NAHCO Plc increased 4.87 per cent or 21 kobo to close at N4.52 per share.

Trans-national Express Plc appreciated 4.63 per cent or 5 kobo to close at N1.13 per share while Unity Bank Plc increased 4.32 per cent or 7 kobo to close at N1.69 per share.

On the other hand, Cutix Plc led 15 equity losers as it decreased 5.00 per cent or 9 kobo to close at N1.71 per share followed by Honeywell Flour Plc which depreciated 4.73 per cent or 13 kobo to close at N2.62 per share, while Learn Africa Plc lost 4.35 per cent or 4 kobo to close at 88 kobo per share.

N.E.M Plc declined 4.29 per cent or 3 kobo to close at 67 kobo per share, while Flourmill Nigeria Plc dropped 2.86 per cent or 63 kobo to close at N21.37 per share.

A total of 134.616 shares worth N1.475 billion in 2,900 deals were exchanged on the floor of the exchange today, in comparison with 188.039 million shares valued at N1.331 billion exchanged by investors on the Nigerian Stock Exchange in 2,500 deals last Friday.

By Pita Ochai


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