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Stock Market watch: Market cap dips 0.03% on Tuesday

By on September 17, 2013
Bullish Market

Bullish Market

Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on a negative note on Tuesday as the market capitalisation of the listed entities dipped by 0.03 percent or N3 billion to end at N11.415 trillion as against Monday’s closing figure of N11.418 trillion.

The All Share Index, ALSI, equally dropped by 0.03 percent or 10.50 points to close for the day at 35,851.37 basis points as against the closing figure of 35,861.87 basis points on Monday.

Nigerian Breweries led the top five gainers chart by adding N2.00 to its share price to close at N161.00 per share while Champion Breweries followed with a price gain of N1.44k to close at N16.99k.

Unilever Plc was third with a price gain of N0.89k to close at N59.00 per share.

Dangote Cement was fourth with a price gain of N0.85k to close at N190.00 while Jos Breweries was last on the chart with an addition of N0.82k to close at N9.09k per share.

Oando led on the top fiver losers chart shedding N1.15k in its share price to close at N10.35k per share while Access bank was second with a price loss of N1.04k to close at N9.41k per share.

Guinness was third with a price loss of N1.00 to close at N249.00 per share and NAHCO in fourth position losing N0.58k in its share price to close at N5.55k per share.

IHS was the last on the chart with a price loss of N0.29k to close at N2.69k per share.

The top five trades by volume chart on Tuesday was led by UBA with 25.29 million shares valued at N179.22 million.

In second position was Access bank with 23.58 million volume of shares worth N234.56 million while Transcorp was third with 17.07 million shares valued at N23.78 million.

FBNH was fourth with 15.18 million volume of shares at N236.34 million and Fidelity bank coming last with 14.38 million shares valued at N35.83 million.

In all, investors exchanged 184.74 million shares valued at N1.94 billion in 5,887 deals at the close of trading on Tuesday.

This was in contrast to the 196.58 million shares valued at N2.09 billion which exchanged hands in 4,027 deals at the close of trading on Monday.