NSE: Capital market indices grow by 0.69%

Activities on the Nigerian Stock Exchange (NSE) closed upbeat on Friday with the All- Share Index improving by 0.69 per cent.

The News Agency of Nigeria (NAN) reports that the index grew by 288.44 points to close at 41,517.10 points from the 41,228.66 points recorded on Thursday.

The market capitalisation appreciated by N95 billion to close at N13.708 trillion as against the N13.613 trillion achieved on Thursday.

A breakdown of the price movement table indicated that Seplat led the gainers’ chart by N10 to close at N660 per share.

Conoil followed with N6.75 to close at N72.73 per share, while Nigerian Breweries garnered N4.53 to close at N174.64 per share.

Dangote Cement rose by N2.75 to close at N227, while Stanbic IBTC gained 55k to close at N25.90 per share.

Conversely, Okomo Oil led the losers’ chart with 86k to close at N33 per share.

NCR lost 79k to close at N15.20, while Lafarge Wapco dipped by 50k to close at N110 per share.

Josbrew share price dropped by 28k to close at N2.79, while Nascon decreased by 10k to close at N11.50 per share.

However, a total of 215.417 million shares worth N2.54 billion were traded by investors in 4,551 deals.

This is against the 340.595 million shares valued at N3.71 billion achieved in 5,339 deals on Thursday, representing 36.75 per cent decrease.

Transcorp emerged the most traded equity, accounting for 37.51 million shares worth N157.72 million.

UBA came second on the activity chart with an exchange of 335.58 million shares valued N287.72 million, while Zenith Bank sold 13.17 million shares worth N333.85 million.

FBN Holdings recorded a turnover of 9.52 million valued at N147.66 million, while Diamond Bank accounts for 9.41 million shares worth N62.98 million. (NAN)