Fidelity Bank emerges ‘most stock’ as NSE moves 310.65m shares worth N2.06bn


The volume of shares traded on the Nigerian Stock Exchange improved by 44.80 per cent on Thursday as 310.65 million shares worth N2.06 billion were traded in 3,010 deals.
This was against the 214.95 million shares valued at N1.35 billion achieved in 3,327 deals on Wednesday.

Fidelity Bank emerged the most stock with a turnover of 112.42 million shares worth N129.46 million in 97 deals.

FCMB Group followed with 34.19 million shares valued at N28.45 million exchanged in 212 deals, while Zenith Bank accounted for 30.19 million shares worth N374.05 million in 293 deals.

GTBank sold 18.58 million shares valued at N303.18 million in 268 deals, while FBN Holdings traded 16.54 million shares worth N61.27 million in 291 deals.

The market indicators appreciated by 0.15 per cent due to marginal gains posted by some blue chips.
The All-Share Index grew by 38.46 points or 0.15 per cent to close at 25,923.77 from 25,885.31 recorded on Wednesday.

Also, the market capitalisation, which opened at N8.904 trillion, rose by N13 billion or 0.15 per cent to close at N8.917 trillion.

Dangote Cement led the gainers’ table with a gain of N1.01 to close at N165.01 per share.

Flour Mills trailed with a gain of 87k to close at N18.38, while Oando gained 42k to close at N4.80 per share.

PZ appreciated by 30k to close at N25, while Dangote Sugar Refinery added 23k to close at N5.98 per share.

On the other hand, Nestle topped the losers’ chart, dropping N15 to close at N700 per share.

Beta Glass came second with a loss of N2 to close at N45.50, while Guinness Nigeria dipped by N1 to close at N113 per share.

International Breweries declined by 55k to close at N18.50, while Nigerian Breweries shed 50k to close at N96.50 per share.


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