Investors stake N1.8bn on 367million shares on NSE

Investors on Thursday staked N1.82 billion on 367.193 million shares in 4,002 deals on the Nigerian Stock Exchange (NSE), the News Agency of Nigeria (NAN) reports.

This was in contrast to the 281.637 million shares worth N3.12 billion traded in 4,506 deals on Wednesday.

The All-Share Index, however, depreciated by 646.65 points or 1.65 per cent to close at 38,503.65 from the 39,150.30 recorded on Wednesday.

Similarly, the market capitalisation, which opened at N12.575 trillion, declined by N38 billion or 1.65 per cent to close at N12.367 trillion.

Guinness led the price losers’ chart by N6.40 to close at N166.75 per share.

It was followed by Dangote Cement with a loss of N3.98 to close at N235, while Nigerian Breweries lost N2.55 to close at N145.50 per share.

Mobil depreciated by N1.10 to close at N120.90, while Presco dipped by N1 to close at N43 per share.

On the other hand, Eterna topped the gainers’ chart by 15k to close at N3.70 per share.

Fidson gained 8k to close at N3.11, while Aglevent grew by 7k to close at N1.47 per share.

NPFMCRFBK appreciated by 3k to close at 78k.

NAN reports that Afrinsure emerged investors’ delight as it traded 150 million shares valued at N75 million in four deals.

Transcorp followed with 41.55 million shares worth N170.23 million traded in 243 deals, while Multitrex sold 19.50 million shares worth N9.75 million in four deals. (NAN)