Home Business Market moves 317.44m shares worth N2.85B
Market moves 317.44m shares worth N2.85B
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Market moves 317.44m shares worth N2.85B

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A total of 317.44 million shares valued at N2.85 billion were traded in 3,327 deals on the Nigerian Stock Exchange (NSE) on Thursday.

This was in contrast to the 174.07 million shares worth N2.72 billion traded in 3,599 deals on Wednesday.

The News Agency of Nigeria (NAN) reports that the market capitalisation, similarly, appreciated by 0.17 per cent to close at N12.314 trillion from N12.171 trillion recorded on Wednesday.

The All-Share Index, which opened at 35,306.09, gained 52.48 basis points to close at 35,358.57.

Dangote cement topped the price gainers’ table with N5 to close at N215 per share.

It was trailed by Nestle which gained N2.99 to close at N1223.01, while Presco gained N2.95 to close at N61.95 per share.

Wapco appreciated by N2.08 to close at N54.1, while NB rose by N2 to close at N163.6 per share.

Conversely, Mobil oil led the price losers’ chart with a loss of N8.28 to close at N163.6 per share.

MRS dipped by N1.51 to close at N27.88, while PZ depreciated by 68k to close at N23.55 per share.

Cadbury followed, depreciating by 54k to close at N10.26, while ETI dropped 35k to close at N16.75 per share.

SkyeBank emerged investors’ delight, trading 94.32 million shares worth N48.14 million.

UBA came second, trading 35.75 million shares worth N321.39 million, while Transcorp sold 26.05 million shares valued at N34.93 million.

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