Home Finance NSE All-share Index up by 0.28 %

NSE All-share Index up by 0.28 %

by Business News Report

Trading activities at the Nigerian Stock Exchange (NSE) closed for the week on Friday in an upward trend as more companies recorded impressive gains. The price rallies of most companies shares saw the two market indicators appreciating by 0.28 per cent. The All-Share Index at the end transactions grew by 61.61 points or 0.28 per cent to close at 22,110.91 points as against 22,049.30 points recorded on Thursday.
The Market Capitalisation which opened at N7.038 trillion also rose by N20 billion or 0.28 per share to close at N7.038 trillion. Nestle led the gainers’ chart with N23.71 to close at N498.04 per share. Nigerian Breweries followed with 70k gain to close at N105.70 per share while Presco appreciated by 65k to close at 16.15 per share. Oando share price increased by 40k to close at N14.70, while Dangote Flour rose by 31k to close at N6.55 per share. New Gold led the losers chart with 47k to close at N2,509 per unit.
Okomu Oil lost N1.45 to close at N28 per share while PZ Cusson lost N1.19 to close at N26 per share. Arbico fell by N1.17 to close at N22.30, while UACN depreciated by 55k to close at N33 per share. The financial service sector remained the toast of investors as investors bought 108.84 million shares worth N624.7 million in 1,855 deals. Access Bank drove activities in the banking sub-sector of the financial sub-sector with 19.35 million shares worth N148.02 million traded in 281 deals. AIICO Insurance followed with 17.42 million shares valued N8.71 million traded in 19 deals. Overall, investors’ bought 161.59 million shares worth N1.49 billion in 3,317 deals as against 156. 16 million shares valued at N1.51 billion exchanged in 3,449 deals on Thursday.

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