Lagos – Activities at the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a cautious note, with market indices recording marginal loss.
The News Agency of Nigeria (NAN) reports that the All-Share Index lost 9.14 points or 0.04 per cent to close at 24,423.37 against 24,432.51 achieved on Friday.
Also, market capitalisation, which opened at N8.403 trillion, dipped four billion naira to close at N8.399 trillion.
An analysis of the price movement chart indicated that 7UP topped losers’ chart, dropping by N1.50 to close at N168.50 per share.
Nigerian Breweries trailed with a loss of 99k to close N99, while CCNN lost 38k to close at N8.62 per share.
GT Bank declined by 17k to close at N16.70 and Afri Prudential shed 12k to close at N2.46 per share.
Conversely, Seplat led the gainers’ table, growing by N15.50 to close at N318 per share.
GlaxoSmithkline gained N1.16 to close at N25.33, while Guinness garnered 85k to close at N118.85 per share.
Flour Mills improved by 60k to close at N19 and Lafarge Africa rose by 50k to close at N80.50 per share.
NAN reports that the volume of shares traded closed higher with a turnover of 3.45 billion shares worth N5.99 billion exchanged in 2,432 deals.
This was against 172.39 million shares valued N925.39 million traded in 2,437 deals on Friday.
Tiger Brand was the toast of investors, trading 3.29 billion shares worth N4.07 billion achieved in 29 deals.
Unity Kapital followed with 37.71 million valued N18.85 exchanged in one deal, while FCMB Group sold 31.26 million shares worth N26.613 million in 106 deals.
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NAN reports that Lafarge Africa traded 14.37 million shares valued N1.16 billion in 31 deals and Zenith Bank exchanged 13.93 million shares worth N159.61 million in 306 deals. (NAN)
