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

Threat to Journalist’s Life Case Suffers Setback in Kaduna Court

…As Police Blame MTN for Delay in Retrieving Audio...

Residents decry rise in domestic violence after murder of Army Officer in A’ibom

By Ogenyi Ogenyi, UyoResidents of Uyo and other parts...

Kidnappers Demand ₦100 Million Ransom for Mother and Two Children Abducted in Kogi

By Noah Ocheni, LokojaGunmen suspected to be bandits have...

The Role of the United States in the Iran–Israel Geopolitical Rivalry

By Diri Glory IdaerefaaThe Middle East has long been...

Bayelsa Women Protest Against Oando Over Alleged 55 Years of Neglect

By Amgbare Ekaunkumo, YenagoaHundreds of aggrieved women from Okoroma...

Northern Activist, Comrade Ejembi, Declares Support for #FreeNnamdiKanuNow Protest

By Achadu Gabriel, KadunaKaduna-based human rights activist and Chief...

Community Policing Approach, Best option for crime control – Kogi CP

By Noah Ocheni, LokojaThe Commissioner of Police,...

Kaduna community protest alleged electrocution of multiple persons

By Achadu Gabriel, KadunaKaratudu Extension Community Development Association...

10 Dead, Eleven Injured in Kogi Highway Crash — FRSC

By Noah Ocheni, LokojaNo fewer than ten people...

Hazras Charity Foundation Pays Courtesy Visit to Jigawa State

Reassures Determination to Support Education, Healthcare Delivery ServicesBy Jabiru...

FG Committed to Collaborating with Genuine Private Sector for a Prosperous Nation

…as SGF receives award for promoting climate change initiativeBy...

Related Articles

Popular Categories

spot_imgspot_img