NSE Trades 344.98m Shares

Investors on the Nigerian Stock Exchange (NSE), on Monday, staked N4.14 billion on 344.983 million shares transacted in 4,663 deals.

The turnover decreased by 40.55 per cent, compared with the 580.257 million shares worth N4.64 billion traded in 4,388 deals on Friday.

The FBN Holdings emerged the most traded equity with 65.23 million shares worth N920.82 million. Wapic Insurance came second on the activity chart, accounting for 52.94 million shares valued at N40.25 million, while Skye Bank traded 29.07 million shares worth N79.49 million.

UBA sold 25.03 million shares valued at N174.97 million, while Transcorp transacted 22.21 million shares worth N128.74 billion.

The NSE All-Share Index dropped by 65.16 basis points or 0.16 per cent to close at 40,984.12, as against 41,049.28 achieved on Friday. Similarly, market capitalisation depreciated by N21 billion to close at N13.533 trillion, compared to N13.554 trillion posted on Friday due to losses in some capitalised stocks.

Unilever recorded the highest price to lead the laggards’ table, dropping N1.74 to close at N48.26 per share. Dangote Cement trailed with a loss of N1.15 to close at N222.85, while ETI declined by 90 kobo to close at N18.1 per share.

International Breweries shed 64 kobo to close at N28.36 and Guaranty Trust Bank lost 44 kobo to close at N28.51 per share.

On the other hand, Nestle led the gainers’ table, appreciating by N19.90, to close at N1, 069.9 per share. Seplat followed with a gain of N10 to close at N650, while Wapco advanced by N3.50 to close at N131 per share.

Julius Berger grew by N3.20 to close at N67.2 and PZ improved by N1.60 kobo to close at N34.99 per share.


Source : Leadership

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