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Stocks value rise by N105bn at NSE

by Business News Report

The value of shares traded on the Nigerian Stock Exchange on Tuesday rose by N105 billion, moving from N10.334 trillion recorded previous day, to N10.439 trillion. The 1.02 per cent increase in the value of the stocks on the day’s transaction was represented by 30,358.87 points, up from 30,052.20 attained on Monday.
Nigerian Breweries topped the gainers’ table with N2.80, to close at N128.05 per share. Julius Berger followed with a gain of N1.50, to close at N43.50, while Zenith Bank gained N1.45, to close at N17.85 per share. Dangote Cements’ share price appreciated by N 1.31, to close at N170, while Okomu oil gained N1.23, to close at N25.83 per share.
Conversely, Guinness led the losers’ chart with a loss of N3.78, closing at N25.22 per share.
ConOil lost N2.92, to close the day’s trading at N27.13 per share, while UACN fell by N1, to close at N34 per share. Transcohot depreciated by 76 k, to close at N7.10, while Flour Mill declined by 50k, to close at N22.60 per share. A total of 226.648 million shares, worth N1.99 billion, were traded in 4,531 deals, compared with 214.954 million shares, valued at N1.76 billion, traded in 3,893 deals, the previous day.
UBA emerged the most traded stock, accounting for 52.09 million shares, valued at N221.08 million, in 531 deals. It was trailed by Access Bank, which sold 28.61 million shares worth N145.09 million in 184 deals, while UBCAP accounted for 26.61 million shares, valued N40.69 million in 227 deals.

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