Lagos – Equity transactions on the Nigeria Stock Exchange (NSE) on Wednesday improved as the market indicators rose marginally following price gains by some blue chips.
The News Agency of Nigeria (NAN) reports that the All-Share Index rose by. 0.01per cent to close at 25,455.69 against 25,454.75 recorded on Tuesday.
Similarly, the market capitalisation inched by 0.01 per cent to close at N8.756 trillion against N8.755 trillion posted on Tuesday.
Nigerian Breweries recorded the highest price gain, appreciating by N1.41 to close at N108 per share.
E-tranzact garnered 29k to close at N3.23, while Champion grew by 25k to close at N3.1per share.
Tigerbrand gained 18k to close at N2.5, while FBNH improved by 1k to close at N3.5 per share.
On the other hand, 7UP topped the losers’ table with a loss of N7 to close at N147 per share.
Juluis Berger lost N1.8 to close at N43, while Ashakacement dipped by N1.02 to close at N19.56 per share.
Alumaco dropped 38k to close at N7.37, while Portpaint shed 29k to close at N2.75 per share.
The Financial Services sector remained the most traded sector with NEM Insurance emerging the most active, accounting for 39.10 million shares worth N29.72 million.
Sterling Bank came second with 22.88 million shares valued at N36.57 million, while GTBank traded 18.85 million shares worth N264.07million.
Fidelity Bank sold 18.07 million shares valued at N24.27 million, while Diamond Bank traded 17.25 million shares worth N21.23 million.
NAN reports that investors exchanged a total of 202.99 million shares valued at N885.63 million in 3,320 deals on Wednesday.
This was against the 177.35 million shares worth N1.01 billion shares transacted in 3,304 deals on Tuesday. (NAN)