CAPITAL MARKETMARKETS

Market opens the week positive as investors gain N24bn

Trade transactions on the Nigerian Stock Exchange (NSE) started on a bright note on Monday as the twin-market indicators closed positive as the All-Share Index and Market Capitalisation recorded 27,316.52 basis points and N9.382 trillion respectively from 27,246.88 and N9.358 trillion with which it began the week transactions respectively. This translates to a gain of N24 billion by investors.

Investors jointly traded 213.637 million shares in 3,742 deals with the value attached at N2.049 billion.

The most appreciated stock for the day was NESTLE with N5.02 per share gain and from the opening value of N820, it closed at N825; DANGCEM rose from N180.01 to close at N183 as it added N2.99 to its per share value; NB followed with per share appreciation of N2.42 and from its opening value of N130.5 per share it closed at N132.92; UNILEVER closed at N36.75 from its opening value of N35 as it added N1.75 to its opening value while WAPCO closed at N55.00 per share to close at N53.28 as it added N1.72 to its per share value.

The major price loser of the day was FO with N8.26 per share depreciation and from its opening value of N169.56; it left the market at N161.3 per share; SEPLAT came down from its opening value of N242.00 to close at N240.00 as it was marked down by N2.00 per share; GUINNESS recorded a loss of N1.5 for it to close at N93.5 per share from its opening value of N                93.00; CAP came down from its opening value of N28.7 to close at N27.3 having recorded a loss of N1.40 per share while CONOIL which came in at N23.96 closed at N22.77 as it was marked down by N1.19 per share.

The most traded stock of the day was ZENITHBANK with 45.786 million shares valued at N696.848 million; FBNH accounted for 23.157 million shares in N72.440 million; DIAMONDBNK traded 19.008 million shares at N21.811million; ACCESS traded 16.195 million shares at N89.763 million while UBA accounted for 16.079 million shares valued at N67.659 million.

 

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