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Stock Market watch: Market Cap gains N95billion on Friday

By on September 20, 2013

stock brokersTransactions on the floor of the Nigerian Stock Exchange, NSE, ended on Friday on an impressive note as the market capitalisation of the listed entities gained N95 billion or 0.83 percent to close at N11.527 trillion as against Thursday’s closing figure of N11.432 trillion.

Similarly, the All Share Index, ALSI, also ended on a positive note to close at 36,188.72 basis points to gain 296.82 points or 0.83 percent when compared with Thursday’s closing figure of 35,891.90 basis points.

At the close of trading Friday, investors exchanged 300.01 million shares valued at N1.97 billion in 4,659 deals as against the 356.02 million shares valued at N3.53 billion which was traded in 5,312 deals on Thursday.

The top five gainers chart on Friday was led by UACN with an addition of N4.70k to its share price to close at N60.80k per share.

It was followed by Nigerian Breweries which gained N3.01k in its share price to close at N165.00 per share while PZ was third with a gain of N2.00 in its share to close at N37.00 per share.

Dangote Cement was fourth with a price gain of N1.00 to close at N190.00 per share while Oando was last with a gain of N1.00 in its share price to close at N11.00 per share.

However, Total led the losers chart with a price loss of N5.65k to close at N151.35k per share while Mobil was second with a loss in price of N4.50k to close at N110.00 per share.

Jos Breweries was third with a loss of N0.74k in its share price to close at N6.66k per share while FCMB was fourth with a price loss of N0.22k to close at N3.66k per share.

Eterna was last on the chart with a price loss of N0.14k to close at N2.68k per share.

The top five trades by volume chart on Friday was led by Resortsal with 79.99 million shares valued at N40 million while Transcorp was second with 68.05 million volume of shares worthN101.62 million.

Fidelity Bank was third with 19.44 million shares valued at N48.45 million.

Oando was fourth with 15.96 million shares worth N162.30 million while FBNH was last on the chart with 15.93 million volume of shares valued at N252.50 million.