NSE moves 315.67m shares worth N3.49bn

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LAGOS – Investors on the Nigerian Stock Exchange (NSE) on Friday transacted 315.67 million shares worth N3.49 billion 4,920 deals.

The News Agency of (NAN) reports that the volume of shares traded dropped by 56.14 per cent compared with 719.74 million shares valued at N3.86 billion traded in 4,494 deals on Thursday.

NAN reports that First of Nigeria Holdings was investors’ delight, accounting for 38.61 million shares worth N374.05 million.

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Fidelity Bank came second with a total of N34.52 million shares valued at N73.97million, while United Bank for sold 33.74 million shares worth N165.77 million.

Zenith Bank trailed with 28.44 million shares valued at N650.75 million and Transcorp exchanged 27.51 million shares worth N87.15 million.

However, the All-Share Index reversed the three-consecutive day loss improving by 172.80 points or 0.49 per cent to close at 35,005.42 against 34,832.62 achieved on Thursday.

Also, the market capitalisation rose by N59 billion or 0.49 per cent to close at N11.928 trillion compared with N11.869 trillion posted on Thursday.

Unilever led the gainers’ chart, gaining N1.90 to close at N43.43 per share.

Nigerian Breweries garnered N1.68 to close at N161.29, while UAC rose by N1.31 to close N42.31 per share.

gained 90k to close N180 and Oando chalked up 86k to close at N18.16 per share.

Nestle on the other hand, topped the laggards’ table, dropping by N6 to close at N940 per share.

Mobil oil trailed with a loss of N3.99 to close at N160, while Guinness dipped N2.23 to close at N170 per share.

Lafarge Wapco dropped by N2 to close at N90, while Stanbic IBTC lost N1 to close at N29 per share. (NAN)
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