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NSE market indices record further appreciation

Freedom Online by Freedom Online
January 16, 2015
in Business
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The market indicators of the Nigerian Stock Exchange (NSE) on Friday recorded further appreciation by 0.49 per cent as a result of price rally by major companies.

The All-Share Index rose by 223.5 points to close at 29,034.89 against the 28,811.39 posted on Thursday.

The market capitalisation, which opened at N9.613 trillion, gained N48 billion or 0.49 per cent to close at N9.671 trillion due to price gain by some blue chips.

An analysis of the price movement chart indicated that Nestle topped the price gainers’ chart, gaining N15.40 to close at N815.40 per share.

UACN garnered N2.63 to close at N30.98, while Flour Mill rose by N1.69 to close at N35.64 per share.

Seplat increased by N1.13 to close at N311.13, while International Breweries improved by 99k to close at N21.89 per share.

Conversely, Guinness led the losers’ chart with a loss of N2 to close at N130 per share.

It was followed by PZ Cussons which lost N1.21 to close at N26 per share, while Nigerian Breweries depreciated by N1 to close at N139 per share.

Glaxosmith lost 66k to close at N40, while UAC-Prop depreciated by 41k to close at N8.10 per share.

Access Bank emerged the most traded stock, accounting for 43.66 million shares worth N221.82 million in 354 deals.

Transcorp recorded a turnover of 32.49 million shares valued at N97.48 million in 207 deals, while FCMB sold 29.83 million shares valued at N63.53 million in 133 deals.

In all, a total of 261.305 million shares worth N2.87 billion were traded by investors in 4,029 deals against the 278.190 million shares valued at N3.17 billion traded in 4,731 deals on Thursday.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.