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Home Business & Economy Capital market indices up by 3.39 per cent on NSE
  • Business & Economy

Capital market indices up by 3.39 per cent on NSE

By
Semiu Salami
-
December 20, 2014
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    The Stock Market

    Equity transactions on the Nigerian Stock Exchange (NSE) on Friday ended on positive note for the second consecutive day.

    The All Share Index appreciated further by 995.26 basis points or 3.39 per cent to close at 30,306.51 as against the 29,311.25 achieved on Thursday.

    Similarly, the market capitalisation rose by N328 billion or 3.39 per cent to close at N10.005 trillion from the N9.672 trillion recorded on Thursday.

    Seplat topped the gainers’ table by N12.09 to close at N265.02, while Nigerian Breweries and Dangote Cement trailed with seven naira each to close at N147 and N160 per share, respectively.

    Guinness followed with a gain of N5.95 to close at N124.96, while Forte Oil gained N4.26 to close at N213.25 per share.

    7UP topped the losers’ chart by N8.30 to close at N158.40 per share.

    Total Oil trailed with a loss of N6.80 to close at N143.31, while PZ Cussons declined by N2.70 to close at N25.09 per share.

    Champion dropped 51k to close at N4.88, while Dangote Flour lost 21k to close at N4.16 per share.

    However, NAN reports that a total volume of 3.990 billion shares worth N30.26 billion traded in 5,678 deals.
    This was against the 302.406 million shares valued at N3.70 billion exchanged in 5199 on Thursday.

    UBN emerged the most traded stock with 3.54 billion shares worth N26.53 billion traded in 32 deals.

    Transcorp followed with 114.78 million shares valued at N347.07 million traded in 343 deals, while FBN Holdings exchanged 55.18 million shares worth N458.20 million in 846 deals.

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