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Market closes positive as investors recoup N54bn

Trading on the Nigerian Stock Exchange (NSE) ended positive today as investors recouped N54 billion in the day trading as the Market Capitalization and All-Share Index which closed on Monday at N9.563 trillion and 27,843.00 basis points respectively closed today at N9.617 trillion and 28,000.80 respectively.

A total of 68.391 million shares were traded in 1,052 deals with the value attached of N682.501.

The most appreciated stock of the day was DANGCEM which moved from N180 to close the day trading at N183 per share as it added N3.00 per share. It was followed by GUINNESS with the opening value of N93.00 per share to close at N94 as it gained N1.00 per share. PZ gained N0.85 per share and from its opening value N17.6, it ended the day trading at N18.45. OANDO opened the day trading at the per share value of N5.07, it closed at N5.58 having gained N0.51 while CADBURY which opened the day trading at N13.56 closed at N13.9 having been marked up by N0.34 per share.

On the flip side, NESTLE opened at N837.5 per share and closed at N816.2 as it was marked down by N21.3 per share; SEPLAT opened at N297.83 and closed at N282.94 as it recorded  per share loss of N14.89; FO began the day trading at N174.8 and closed at N167 as it was marked down by N7.8 per share; WAPCO which began the day trading at N55.86 closed at N53.07 as it made a loss of N2.79 and NB which came for the day trading at per share value of N134, closed at N133.13 as it made per share loss of N0.87.

The most traded stock of the day was ZENITHBANK with 46.799 million shares valued at N788.230 million; TRANSCORP, 37.298 million shares valued at N43.053million. Investors of FIDELITYBK traded 26.180 million shares at N28.646 million; ACCESS accounted for 20.396 million shares at N114.671 million while FBNH traded 19.346 million shares valued at N64.240 million.

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