Nigeria Stock Exchange All Share Index falls to 36.3 million

The All Share Index (ASI) of Nigeria’s Stock Exchange fell to 36, 367.59 from 36, 403. 95 after Monday’s trading. The volume of trading however also fell from 237.4 million to 176.5 million while the value of transactions however rose from 2 billion to 3.8 billion.

Glaxosmith topped the gainers chart, with the firm’s share price gaining N3.20 after transactions, rising to N67.20 from N64.00. Jos Brew followed, rising from N4.69 to N5.15, recording a gain of N0.46. Guinness, Nascon and Guaranty trust bank also made it to the top five gainers chart after Monday’s transactions.

Guinness gained N0.29, with its share price rising to N247.29 from N247.00. Nascon also from gained N0.29 with share price rising from N11.41 to N11.70 while Guaranty Trust Bank also recorded N0.21 gain in share price after trading, rising from N24.89 to N25.10.

The highest loss of share price, after the day’s transactions was N4.10 by Nestle. The firm’s share price fell to N930.00 from N934.10. UACN’s share price also fell from N56.00 to N55.00, losing N1.00. PZ, Nigerian Breweries and Flour mills also recorded losses on their share prices.

PZ lost N0.80 and closed at N41.50 from N42.30. NB closed at N163.20 from N163.99, losing N0.79 after trading, while Flourmill lost N0.78, closing at N83.00 from 83.78.

Guaranty Trust Bank was the topped the list of investors’ delight. It traded about 23, 329, 635 in volume, valued at N58 million. WAPCO also traded 19, 941, 872 shares valued at N1.8 billion. Transcorp traded shares with a volume estimated at 17,378,949 valued at N25 million. Access bank and Continsure also traded shares with volume estimated at 11,955,877 and 10,762,000 valued at N124 million and N13 million respectively.

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