CAPITAL MARKET

Investors stake N3.7bn as market dips by N144bn

Investors on the Nigerian Stock Exchange (NSE) spent N3.702 billion on 444.513 million shares in 5,565 deals on Friday as against 450.524 million shares valued at N5.707 billion exchanged in 6,360 deals on Thursday.

Market Capitalisation of the Exchange which closed trading on Thursday at 10.671 trillion fell to 10.527 trillion on Friday having recorded a loss of N144 billion. Equally, the All-Share Index which closed at 31, 071.25on Thursday came down to 30,649.66 on the last trading day for the week.

The top gainers for the day was led by GLAXOSMITH with N2.05 to close at N22.12 from the value of N20.07 with which it opened the day trading; JBERGER which opened the day trading at N42.1, closed at N44 as it added N1.9; CONOIL added N1.04 to its opening value of N20.96 as it gained N22.00;    PRESCO added N0.8 to its opening value of N35.7 to close the day at N36.5; OKOMUOIL opened at N31  and closed at N31.5 having added N0.5 to its per share value.

The day’s top-losers was led by NB with N4.49 and from the value N149.49, it closed at N145 per share; DANGCEM with a loss of N3.76 and from its opening value N203.96, it closed at N200.2; UNILEVER opened at N33.7 and closed at N33  as it lost N0.7; ZENITHBANK recorded a loss of N0.7 and from the value of N17.7 it opened the trading activities, it closed at N17.00; FLOURMILL which opened at N24 closed at N23.75 as it was marked down by N0.25 per share.

The most traded stock on Friday was NEM with 91.353 million shares valued at N85.895 million; TRANSCORP  traded 50.585 million shares at N100.115 million; ZENITHBANK  traded 41.483 million shares valued at N699.302 million; FBNH  accounted for 36.178 million shares valued at N150.380 million while GUARANTY completed the top-five most traded stocks with 35.830 million shares at N853.019 million.

 

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  • Hey there! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly? My blog looks weird when viewing from my iphone 4. I’m trying to find a theme or plugin that might be able to correct this issue. If you have any suggestions, please share. Cheers!

  • Hello! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Thanks!

  • I do not know whether it’s just me or if perhaps everyone else experiencing issues with your blog. It seems like some of the written text on your posts are running off the screen. Can someone else please comment and let me know if this is happening to them too? This may be a issue with my browser because I’ve had this happen previously. Appreciate it

  • Wonderful blog! Do you have any hints for aspiring writers? I’m hoping to start my own blog soon but I’m a little lost on everything. Would you propose starting with a free platform like WordPress or go for a paid option? There are so many options out there that I’m totally overwhelmed .. Any suggestions? Appreciate it!

  • Thanks on your marvelous posting! I definitely enjoyed reading it, you’re a great author.I will ensure that I bookmark your blog and definitely will come back in the foreseeable future. I want to encourage you continue your great work, have a nice holiday weekend!

  • Have you ever considered creating an e-book or guest authoring on other sites? I have a blog centered on the same ideas you discuss and would really like to have you share some stories/information. I know my visitors would enjoy your work. If you are even remotely interested, feel free to send me an e mail.

  • With havin so much content do you ever run into any problems of plagorism or copyright infringement? My website has a lot of exclusive content I’ve either created myself or outsourced but it looks like a lot of it is popping it up all over the web without my agreement. Do you know any solutions to help stop content from being stolen? I’d truly appreciate it.

  • Hi this is kind of of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding experience so I wanted to get guidance from someone with experience. Any help would be greatly appreciated!

  • Good day! This is my 1st comment here so I just wanted to give a quick shout out and tell you I really enjoy reading your articles. Can you suggest any other blogs/websites/forums that cover the same topics? Appreciate it!