Lagos – Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note with market indicators rebounding by 0.26 per cent.
The News Agency of Nigeria (NAN) reports that the market capitalisation appreciated by N24 billion or 0. 27 per cent to close at N9.43 trillion against N9.40 trillion achieved on Thursday.
Similarly, the All-Share Index recorded marginal gain, appreciating by 70.96 points to close at 27,450.91 points compared with 27,379.95 points recorded on Thursday.
Presco recorded the highest price gain to lead the gainers’ table, growing by N3.53 per share to close at N40.49 per share.
Dangote Cement came second with a gain of N1.5 to close at N173.5, while CAP appreciated by N1.43 to close at N30.09 per share.
Unilever increased by N1.17 to close at N39.75 and UACN went up by 6k to close at N20.5 per share.
On the other hand, Nigerian Breweries topped the losers’ chart, dropping by 60k to close at N140.05 per share.
Okomu Oil trailed with a loss of 25k to close at N36 per share.
NASCON shed 23k to close at N8 per share, while Oando Oil dipped by 10k to close at N5 per share and Glaxosmith decreased by 9k to close at N18.51 per share.
Similarly, the volume of shares traded also increased, closing with an exchange of 279.56 million shares valued at N3.70 billion transacted in 3,225 deals.
NAN reports that this result was in contrast with the 215.33 million shares worth N1.42 billion traded in 2,939 deals on Thursday.
GTBank drove the turnover volume, having accounted for 51.56 million shares valued at N67.03 million.
It was followed by Zenith Bank with a total of 48.88 million worth N601.31 million and FBN Holdings sold 23.12 million shares valued at N482.27 million. (NAN)
