Oil companies seemed to have had a rough time at the trading floor of theNigerian stock exchange yesterday, with about four oil firms frosting the losers chart. Total topped the losers chart with a N6.89 share price loss. The firm’s share price closed at N160.11 down from N167.00. The firm was followed by Conoil, which lost N2.45, closing at N46.70 down from N49.15 before transactions. MRS lost N1.99 and closed at N37.99 down from N39.98. Cadbury also lost N1.44 and closed at N55.06, down from N56.50 while Mobil’s share price closed at N115.00 down from N116.05, losing N1.05, after the trading session.
NESTLE topped the gainers chart after Thursday’s transaction on the trading floor, gaining almost N50.00 at the close of the day’s transactions. The firm’s share price rose from N1051.00 to N1100.00, recording a gain of N49.00. It was followed by Guinness, which gained N12.00 closing at N252.00 up from N240.00.
Unilever was third on the top five gainers chart, attaining N1.98 share price gain, to close at N61.00, up from N59.02. Nigerian Breweries came fourth yet again, as it recorded a share price gain of N1.01 and closed at N175.00 from N173.99. PRESCO also gained N1.00 and closed at N36.00 from N35.00 before trading.
Volume of transactions on the Nigerian Stock Exchange fell to 380.8 million after Thursday’s transactions from to 569.6 million after Wednesday’s transactions. The Exchange’s market capitalisation however rose to 12.02 trillion after the day’s transactions from 11.9 trillion previously recorded. All Share Index (ASI) also rose to 37, 622.74 on Thursday from 37, 373.09 after Wednesday’s transactions. Shares, valued at N4, 554 billion, from N3, 543 billion, were traded in 4554 deals.
Top 5 gainers
Top five losers
Market Statistics (Snapshot)
|Market Statistics (Snapshot)|
|VALUE||4, 016 (billion)|
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