NSE All-Share Index records 0.35% growth

Market indicators of the Nigerian Stock Exchange  (NSE) on Tuesday, appreciated by 0.35 per cent in a cautious trading.
The index grew by 95.98 points or 0.35 per cent to close at 27,609.67 compared with 27,513.69 posted on Monday.
In the same vein, the market capitalisation rose by N34 billion  to close at N9.544 trillion against N9.510 trillion recorded on Monday.
Nigerian Breweries led the gainers’ table for the day,  gaining N3.33 to close at N145 per share.
Nestle came second on the gainers’ table with a gain of N2.11 to close at N800.11 and Okomu Oil garnered N1.50 to close at N50 per share.
CAP appreciated by N1.45 to close at N34.50, while Guinness increased by N1 to close at N70 per share.
On the other hand, Seplat recorded the highest loss for the day, dropping  N34.20 to close at N345.80 per share.
Total trailed with a loss of N3.90 to close at N265 and Air Service was down by 40k to close at N4.07 per share.
Ecobank Transnational Incorporated shed 25k to close at N9.45, while Dangote Sugar lost 24k to close at N6.51 per share.
A breakdown of the activity chart showed that Access Bank emerged the most traded stock with a turnover of 174.87 million shares valued at N1. 24 billion.
It was followed by Oando which accounted for 60.79 million shares worth N434.18 million, while United Bank for Africa sold 50.48 million shares valued at N321. 39 million.
FBN Holdings traded 45.31 million worth N176.48 million  and Fidelity Bank transacted 44.58 million shares valued at N41.79  million.
In all, the volume of shares traded dropped by 15.17 per cent as investors bought and sold 569.18 million  shares worth N6.68 billion  achieved in  4,632 deals.
This was in contrast with a turnover of 670.96 million shares valued at N7.91 billion exchanged in 4,032 deals on Monday.