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Investors trade 621.45m shares worth N2.81bn on NSE


STOCKThe Nigerian Stock Exchange (NSE) on Friday moved 621.45 million shares valued at N2.81 billion exchanged in 5,802 deals.

The News Agency of Nigeria (NAN) reports that this was in contrast with 651 million shares worth N5.02 billion transacted in 5,796 deals moved on Thursday.

A breakdown of the activity chart indicated that FBN Holdings was the most active, accounting for 100.53 million shares valued at N444.89 million.

Transcorp came second with a total of 82.59 million shares worth N119.25 million, while Access Bank sold 62.59 million valued at N377.81 million.

United Capital transacted 59.82 million shares worth N144.93 million, while FCMB Group accounted for 56.33 million shares valued N101.01 million.

The market indicators for the fourth consecutive days remained on an upward trend with the All-Share Index improving by 0.09 per cent due to flexible exchange rate regime announced by the Central Bank of Nigeria (CBN).

NAN reports that the index which opened at 28,877.47 inched 24.78 points or 0.09 per cent to close at 28,902.25 compared with 28,877.47 achieved on Thursday.

In the same vein, the market capitalisation grew by N11 billion to close at N9.928 trillion against N9.917 trillion posted on Thursday.

ETI topped the gainers’ table, appreciating by N1.55 to close at N18.05 per share.

Nigerian Breweries increased by N1.32 to close at N142, while Presco inched 79k to close at N36.50 per share.

Union Dicon appreciated by 56k to close at N11.87 and Unilever garnered 48k to close at N32 per share.

Conversely, Nestle Nigeria led the losers’ chart, losing N2.84 to close at N784.66 per share.

UACN trailed with a loss of N1.10 to close at N20.90 and Zenith Bank dipped 52k to close at N16.58 per share.

NAN also reports that Flour Mills dropped 48k to close at N22.52 and UPL shed 47k to close at N4.42 per share.

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NSEUACNZenith Bank
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