CAPITAL MARKETMARKETSTOP STORY

Investors gain N9bn in cautious trading

Investors in equities on the Nigerian Stock Exchange (NSE) managed a gain of N9 billion on Wednesday as against huge gains of N108 billion they made on Tuesday. The Market Capitalisation of the Exchange which closed at N9.597 trillion on Wednesday and All-Share Index at 27,945.02 basis points rose to N9.687 trillion and 28,205.62 basis points respectively on Wednesday.

The total trade of the day was 488.899 million shares valued at N4.827 billion in 4,713 deals.

The most appreciated stock in the day trading was DANGCEM with N5.06 gain and from its opening value of N175, it closed at N180.06; MRS which opened the day trading at N31.93, closed at N35.19 having added N3.26 to its opening value. OKOMUOIL which opened the day trading at N31.51 closed at N34.73 as it added N3.22 to its opening per share value, UNILEVER opened the day trading activities at N33          per share and closed at N34.65 as it gained N1.65 per share. CAP added N1.5 to its opening value of N36 per share to close at N37.5.

On the other hand, NB which began the day trading at N146.54 per share closed at N140               as it was marked down by N6.54; 7UP opened at N134 per share to close at N133 as it was marked down by N1.00 per share; WAPCO came down from N59 per share it started the day trading activities with to close at N58 per share as it was marked down by N1.00 per share. GUINNESS was marked down by N0.99 per share and from its open value of N94.99, it left the market at N94 per share while FO closed at N175.5 per share from its opening value of N175.91 as it was marked down by N0.41

The most traded stock of the day was UBA  with 127.325 million shares valued at N584.824 million; ACCESS  traded 111.842 million shares at N626.547 million; FBNH traded 62.873 million N223.216 million; GUARANTY traded 42.430 million at N992.642 million; STERLNBANK accounted for 19.507 million at a value attached of N24.380 million.

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