x

NSE: Market capitalisation sustains growth with N19bn

The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday improved by N19 billion following gains by some blue chips.

Specifically, the market capitalisation which opened at N15.242 trillion rose by N19 billion to close at N15.261 trillion.

Also, the NSE All-Share also appreciated to 29,628.84 from 29,591.29, representing a growth of 37.33 points or 0.13 per cent.

A breakdown of the gainers’ table indicates that Betaglass led the gainers’ table, growing by N6.10 to close at N70 per share.

Seplat followed with a gain of N5 to close at N605, while Dangote Cement also garnered N5 to close at N179.90 per share.

Julius Berger gained N1.50 to close at N21.50, while Lafarge Africa added 30k to close at N17.50 per share.

Conversely, MTN Nigeria recorded the highest loss to lead the losers’ table, shedding N2 to close at N125 per share.

Unilever trailed with a loss of N1.90 to close at N17.55, while Dangote Sugar was down by 75k to close at N13.90 per share.

NCR shed 35k to close at N3.31, while FBN Holdings declined by 20k to close at N7.30 per share.

An analysis of the activity chart shows that Guaranty Trust Bank was the most active stock, exchanging 34.31 million shares valued at N1.10 billion.

NAHCO followed with an account of 15.93 million shares worth N38.336 million, while Transcorp traded 15.05 million shares valued at N15.56 million.

Chams accounted for 11.45 million shares worth N3.87 million, while Zenith Bank traded 11.04 million shares valued at N242.24 million .

In all, the volume of shares traded dropped by 6.28 per cent as investors bought and sold 184.56 million shares worth N3.51 billion in 3,852 deals.

This was against 196.93 million shares valued at N7.71 billion exchanged in 2,915 deals on Thursday. (NAN)

Hot this week

Wike Arrives Dubai for 2025 Asia Pacific Cities Summit and Mayors’ Forum Meetings

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) Minister,...

Police dismantle illegal firearms factory in A’ibom

By Ogenyi Ogenyi,UyoAn illegal firearms fabrication factory located in...

Niger Delta Youths Urged to Tap into Federal Empowerment Opportunities

By Anne AzukaThe Niger Delta Progressives Alliance (NDPA)...

Both Real Madrid and Barcelona are looking to reset...

The State of Education and Youth Development in Delta State

By High Chief Sheriff George Mulade T. 400-Level International Relations...

Nigeria-Korea Friendship Institute Records 500% Growth in Student Enrollment in Three Years

By Noah Ocheni, LokojaThe Nigeria-Korea Friendship Institute of...

Illicit Uses of Drugs in Kogi State: Implications for Peace and Security

Idris AbubakarKogi State, located at Nigeria’s confluence of...

Niger Delta Youths Urged to Tap into Federal Empowerment Opportunities

By Anne AzukaThe Niger Delta Progressives Alliance (NDPA)...

Bauchi State Government Trains 350 Youths in Agrobusness

Joyce Remi-BabayejuThe Bauchi State government has trained at...

How Nigeria Can Fight Back

Chidozie Douglas AcholonuNigeria’s insurgents have moved from machetes and...

Related Articles

Popular Categories

spot_imgspot_img