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NSE moves 390.53m shares worth N4.86bn

By on June 19, 2015

stock-exchangeInvestors on the Nigerian Stock Exchange (NSE) on Friday staked N4.86 billion on 390.53 million shares in 4,291 deals.
The News Agency of Nigeria (NAN) reports that the volume of shares traded increased by 81 per cent from the 215.82 million shares valued at N7.51 billion traded in 3,713 deals on Thursday.

The banking sub-sector remained the toast of investors with Zenith Bank emerging the most traded, exchanging 112.98 million shares worth N2.19 billion.

It was trailed by Access Bank with 48.85 million shares valued at N300.03 million, while Africa Prudential sold 35.53 million shares worth N95.09 million.

UBA accounted for 28.72 million shares valued at N148.58 million, while Transcorp traded 26.54 million shares worth N72.15 million.

However, the market indicators, for the fourth consecutive day, dropped further by 0.61 per cent following price huge loss by some blue chip companies.

The All-Share Index lost 202.60 points or 0.61 per cent to close at 33,257.90 against 33,460.50 achieved on Thursday.

Similarly, the market capitalisation, which opened at N11.421 trillion, dipped N68 billion to close at N11.353 trillion.

Guinness topped the price losers’ chart, dropping N9.23 to close at N165 per share.

Presco trailed with a loss of N2.50 to close at N32, while Mobil Oil declined by N1.99 to close at N148 per share.

Nigerian Breweries lost N1.98 to close at N148.02, while International Breweries lost 73k to close at N18.52 per share.

Conversely, CCNN led the price gainers’ table, growing by 55k to close at N11.64 per share.

Forte Oil grew by 18k to close at N179.98, while Flour Mills gained 15k to close at N34.70 per share.

FCMB rose by 8k to close at N3.08, while Stanbic IBTC also garnered 8k to close at N27.60 per share. (NAN)

One Comment


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