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  • Stocks Value Rise By N6bn At NSE
 

Stocks Value Rise By N6bn At NSE

Stocks Value Rise By N6bn At NSE

by magna / Thursday, 11 September 2014 / Published in Capital Market News

Value of shares traded on the Nigerian Stock Exchange on Wednesday rose by N6 billion, moving from N13.49 trillion recorded on Tuesday to N13.50 trillion.

The 0.04 per cent increase in the value of the stocks on the day’s transaction was represented by 40,868.02 points, up from 40,885.40 attained on Tuesday.

The News Agency of Nigeria (NAN) reports that Mobil Oil topped the gainers’ table with N5.50 to close at N180 per share.

Total Oil followed with a gain of N3.98 to close at N180, while Access Bank gained 40k to close at N9.60 per share.

Premier Breweries’ share price appreciated by 17k to close at N3.65, while Caverton and International Breweries gained 15k each to close at N5.14 and N28.26 per share, respectively.

Conversely, Forte Oil led the losers’ chart with a loss of N4.98, closing at N220.02 per share.

Glaxosmith lost 70k per share to close the day’s trading at N65 per share, while Nascon fell by 21k to close at N9.48 per share.

CCNN depreciated by 20k to close at N14.50, while Honeyflour declined by 15k to close at N4 per share.

NAN reports that a total of 386.57 million shares worth N3.79 billion were traded in 5,193 deals compared with 1.65 billion shares valued at N46.35 billion traded in 4,782 deals on Tuesday.

UBCAP emerged the most traded stock with 61.18 million shares worth N128.67 million in 100 deals.

It was followed by GTBank with 42.36 million shares valued at N1.27 billion in 298 deals, while Access Bank traded 21.35 million shares worth N196.35 in 236 deals million. (NAN)

Source : Leadership

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