x

NSE moves 211.62m shares worth N2.23bn in bullish trading

Investors on the Nigerian Stock Exchange (NSE) on Friday staked N2.23 billion on 211.62 million shares transacted in 3,957 deals.

This was in contrast with a turnover of 201.48 million shares valued at N3.36 billion transacted in 3,381 deals on Thursday, indicating an increase of 5.03 per cent.

A breakdown of the activity chart indicated that the banking stocks remained the toast of investors.

Specifically, Guaranty Trust Bank was the most active stock, accounting for 51.39 million shares worth N977.59 million.

FBN Holdings came second transacting 25.72 million shares valued at N111.97 million, while Access Bank traded 22.51 million shares worth N140.62 million.

FTN Cocoa sold 16.96 million shares valued at N3.39 million, while United Bank for Africa traded 12.02 million shares worth N71.56 million.

The All-Share Index rose by 128.59 points or 0.57 per cent to 22,599.38 from 22,470.79 posted on Thursday.

Also, the market capitalisation which opened at N11.710 trillion appreciated by N67 billion or 0.57 per cent to close at N11.777 trillion.

MTN Nigeria led the gainers’ table, increasing by N4 to close at N104 per share.

Cadbury followed with a gain of 55k to close at N7.45, while Guaranty Trust Bank added 40k to close at N19.30 per share.

Union Bank of Nigeria garnered 30k to close at N6.80, while UPDC REITS also rose by 30k to close at N3.40 per share.

On the other hand, CAP recorded the highest price loss, dropping by N2.30 to close at N20.90 per share.

Dangote Cement trailed with N1.50 to close at N130, while UACN was down by 55k to close at N6.20 per share.

C &I Leasing dipped 50k to close at N5.10, while Lafarge Africa depreciated by 20k to close at N11.50 per share. (NAN)

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

NDYPC Hails Otuaro’s Reforms in Presidential Amnesty Programme

• Lauds transparency, fairness in beneficiary selection and grassroots...

NCDMB Raises Bayelsa Media Awards Prize Money to N1m to Foster Journalism Excellence

By Amgbare Ekaunkumo, Yenagoa The Nigerian Content Development and Monitoring...

Diri’s Reforms Transform Local Government Welfare, NULGE Declares

By Amgbare Ekaunkumo, Yenagoa The National Union of Local Government...

Kano Governor Approves Dismissal of Two Aides Over Drug Baron Bail, Palliative Diversion

By Jabiru Hassan The Kano State Government, under Governor Abba...

City and Guilds Approves ITF as Examination Centre

By Israel Adamu, Jos The Industrial Training Fund (ITF) has...

ITF Adopts Digital Communication to Boost Efficiency, Automation

By Israel Adamu, Jos The Industrial Training Fund (ITF) says...

Deputy Speaker, Kalu Bags PhD In Policy and Strategic Studies From UniAbuja

Deputy Speaker of the House of Representatives, Hon. Benjamin...
spot_img

Related Articles

Popular Categories

spot_imgspot_img