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Stock Market Watch: Indices gain 0.04% on Thursday

By on September 26, 2013
Bullish Market

Bullish Market

The bullish trend continued at the stock market on Thursday with the All Share Index, ALSI, closing for the day at 36,158.04 basis points thus appreciating by 14.49 points or 0.04 percent when compared with Wednesday’s closing figure of 36,143.55.

The market capitalisation of the listed entities equally gained N4 billion or 0.03 percent to close at N11.516 trillion as against Wednesday’s N11.512 trillion closing figure.

At the close of transactions Thursday, investors traded 314.29 million shares valued at N2.89 billion in 4,714 deals as against the 294.69 million shares valued at N2.64 billion that exchanged hands in 4,241 deals Wednesday.

Total Plc led the top five gainers chart on Thursday with its share price appreciating by N5.00 to close at N157.01k per share.

Unilever came second with a gain of N2.61k in its share price to close at N60.61k per share while PZ was third with a price gain of N0.50k in its share price to close at N37.50k per share.

UAC Property followed with its share price gaining N0.48k to close at N15.70k per share while NASCON was last on the chart with a gain of N0.37k in its share price to close at N11.92k per share.

On the other hand, the top five losers chart was led by Nestle Plc with a loss of N10.97k in its share price to close at N990.03k per share.

Presco was second with a price loss of N3.70k to close at N33.30k per share while CAP Plc was third losing N2.07k in its share price to close at N37.00 per share.

UACN was fourth with a loss of N1.01k in its share price to close at N57.99k per share while Jos Breweries was last on the chart with a loss of N0.54k in its share price to close at N4.86k per share.

The five trades by volume chart on Thursday was led by Transcorp with 43.52 million shares valued at N64.92 million.

Wema Bank was second with 38.19 million volume of shares worth N35.53 million while Access Bank was third with 34.32 million shares worth N340.97 million.

Unity Bank was fourth with 29.50 million shares valued at N16.68 million while GTB was last with 26.95 million shares valued at N673.62 million.