Home Business Investors exchange 257.05m shares worth N1.49bn on NSE

Investors exchange 257.05m shares worth N1.49bn on NSE

by Business News Report

Investors at the Nigerian Stock Exchange (NSE) on Friday bought and sold 257.05 million shares valued N1.49 billion, transacted in 3,435 deals.
The News Agency of Nigeria (NAN) reports that this was against 317.48 million shares worth N2.27 billion traded in 3,335 deals on Thursday.
The breakdown of the activity chart showed that FCMB was the toast of investors, accounting for 57.82 million shares worth N41.18 million traded in 238 deals.
GT Bank sold 42.94 million shares valued N687.04 million achieved in 331 deals, while UBA exchanged 34.79 million shares worth N106.35 million in 298 deals.
United Capital traded 20.39 million shares valued N34.19 million exchanged in 243 deals, and investors bought and sold 15.95 million shares of Zenith Bank worth N191.22 million in 402 deals.

NAN reports that the market indicators recorded marginal growth, appreciating by 0.01 per cent due to marginal gains posted by some blue chip equities.
The All-Share Index also rose by 3.81 points or 0.01 per cent to close at 25,820.10 compared with 25,816.29 achieved on Thursday. An analysis of the price movement chart indicated that Guinness led the gainers’ table, increasing by 50k to close at N113.50 per share.
Seplat garnered 48k to close at N350, while Lafarge Africa improved by 40k to close at N82.50 per share. NASCON gained 33k to close at N7.35 and Africa Prudential chalked up 29k to close at N3.27 per share. Conversely, Nigerian Breweries topped the losers’ chart, dropping by 20k to close at N98 per share.
Access Bank dipped 16k to close at N4.20, while Custodian and Allied Insurance lost 15k to close at N3.71 per share. Flour Mills dropped 14k to close at N17.08 and Ikeja Hotel also decreased by 14k to close at N2.73 per share.

Related Posts