Trading remains upbeat on NSE, market capitalisation improves by N25bn

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Trading on the Nigerian Stock Exchange (NSE) remained on the upbeat on Friday with the market capitalisation appreciating further by N25 billion.
The market capitalisation grew by N25 billion or 0.26 per cent to close at N9.500 trillion against the N9.475 trillion posted on Thursday.
Also, the All-Share Index, which opened at 27,559.18, rose by 71.87 points or 0.26 per cent to close at 27,631.05.
Dangote Cement grew by N1.05 kobo to close at N161.05 kobo, while PZ Industries gained N1.00 to close at N27.00
An analysis of the price movement chart indicated that Nestle led the gainers’ table, growing by N18 to close at N825 per share.

It was trailed by Okomu Oil with a gain of N2.75 to close at N29.65, while Lafarge Wapco improved by N1.39 to close at N92 per share.

Dangote Cement grew by N1.05 to close at N161.05, while PZ gained N1 to close at N27 per share.

Conversely, Unilever topped the losers’ chart, dropping N2.16 to close at N41.82 per share.

Guinness came second with a loss of N1.78 to close at N122.02, while Nigerian Breweries shed N1 to close at N119 per share.

CAP declined by 35k to close at N37, while BOC Gas depreciated by 19k to close at N3.79 per share.

GTBank was investors’ delight, accounting for 25.94 million shares valued at N518.74 million and traded in 322 deals.

Access Bank followed with 10.89 million shares worth N54.54 million achieved in 105 deals, while ETI sold 9.39 million valued at N156.07 million in 49 deals.

Zenith Bank traded 8.47 million shares worth N135.98 million exchanged in 217 deals, while Transcorp exchanged 6.96 million shares valued N11.49 million in 93 deals.

In all, investors staked N1.69 billion on 112.32 million shares in 2,317 deals on Friday.

This was against the 249.09 million shares worth N3.07 billion achieved in 2,524 deals on Thursday.

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