NSE moves 723.79 million shares worth N12.21 billion

Nigeria Stock Exchange (NSE)
Nigeria Stock Exchange (NSE)

The Nigerian Stock Exchange (NSE) on Friday moved a total of 723.79 million shares valued at N12.21 billion in 5,752 deals.

The News Agency of Nigeria (NAN) reports the turnover represented a growth of 65.72 per cent when compared with 436.75 million worth N5.88 billion traded in 4,047 deals on Thursday.

Zenith Bank was the most active stock, exchanging 147.03 million shares worth N3.67 billion.

It was trailed by United Bank for Africa with an acount of 142.37 million shares valued at N1.06 billion, while Guaranty Trust Bank traded 72.75 million shares worth N2.83 billion.

Transcorp sold 54.54 million shares valued at N72.03 million, while Unilever accounted for 50.15 million shares worth N1.86 billion.

However, the All-Share Index rose by 96.43 points or 0.31 per cent to close at 31,529.92 compared with 31,433.49 achieved on Thursday.

In the same vein, the market capitalisation which opened at N11.722 trillion inched N36 billion or 0.31 per cent to close at N11.758 trillion.

Seplat led the gainers’ table during the day, appreciating by N30.50 to close at N560.50 per share.

Nestle followed with a gain of N30 to close at N1,500, while Okomu Oil gained N3 to close at N85 per share.

Flour Mills increased by N1 to close at N20, while PZ added 85k to close at N12.15 per share.

Advertisement

nlng Campaign AD

On the other hand, Dangote Cement Industries topped the losers’ chart, dropping by N4.50 to close at N185.70 per share.

Cement Company of Northern Nigeria trailed with a loss of 45k to close at N22, while Inter Link lost 36k to close at N3.24 per share.

Etranzact dropped by 32k to close at N2.93, while Ecobank Transnational Incorporated declined by 30k to close at N13.70 per share.

(NAN)

Advertisement

PT Mag Campaign AD

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: This space is available for a Text_Ad.. Call Willie on +2347088095401 for more information


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.