NSE Investors Stake N5.31bn On 413.764m Shares

Investors on the Nigerian Stock Exchange (NSE) on Tuesday staked N5.31 billion on 413.764 million shares in 3,764 deals.

 

The News Agency of Nigeria (NAN) reports that the volume of transactions represented 38.19 per cent increase over the 299.410 million shares worth N5.46 billion traded in 3,803 deals on Monday.

 

ETI emerged the most traded equity with a turnover of 96.94 million shares valued at N1.77 billion.

 

Transcorp came second on the activity with 64.88 million shares worth N206.83 million, while GTBank accounted for 33.19 million shares valued at N819.95 million.

 

FBN Holdings traded 29.67 million shares worth N247.51 million, while Sterling Bank exchanged a total of 26.23 million shares valued at N61.12 million.

 

However, the NSE All-Share Index lost 1420.98 points or 4.19 per cent to close at 32,522.31 from the 33,943.29 achieved on Monday.

 

Similarly, the market capitalisation declined by N471 billion or 4.19 per cent to close at N10.766 trillion from the N11.237 trillion posted on Monday.

 

Nestle led the losers’ chart by N49.78 to close at N945.82 per share.

 

Seplat trailed with a loss of N17.57 to close at N333.93, while Nigerian Breweries dropped N15.83 to close at N147.17 per share.

 

Dangote Cement depreciated by N9.5 to close at N180.5 and Guinness dipped N8.26 to close at N157.04 per share.

 

Conversely, Cadbury and Mobil recorded the highest price gain of N2 each to close at N42 and N160 per share.

 

PZ Cussons followed with a gain of N1.19 to close at N25.18 per share.

 

Ashaka Cement appreciated by 68k to close at N21.49 and Presco up by 43k to close at N24.93 per share. (NAN)

Source : Leadership

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