Lagos- Equity transactions on the Nigerian Stock Exchange (NSE) on Monday reopened for the week on positive note as some blue chips sustained price rally.
The News Agency of Nigeria (NAN) reports that Nigerian Breweries and Mobil Oil topped the gainers’ table by N3 each to close at N143 and N153 per share respectively.
GTBank came second on the gainers’ chart with 69k to close at N24.19 per share.
International Breweries rose by 51k to close at N18.50 and Dangote Sugar went up by 25k to close at N6.47 per share.
Consequently, the NSE All-Share appreciated by 163.37 points or 0.54 per cent to close at 30,267.18 as against the 30,103.81 achieved on Friday.
Also, the market capitalisation, which opened at N10.044 trillion, rose by N55 billion or 0.55 per cent to close higher at N10.099 trillion.
On the other hand, Nestle led the losers’ chart by N5 to close at N815 per share.
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Forte Oil followed with a loss of N3.40 to close at N210, while 7UP dipped by N2.48 to close at N154.50 per share.
UACN lost N2.01 to close at N38.36, while Glaxosmith lost N2 to close at N40 per share.
In all, 261.816 million shares valued at N2.98 billion were exchanged in 3,329 deals, representing a decrease of 34.43 per cent.
NAN reports that this is against a turnover of 399.264 million shares worth N5.38 billion achieved in 3,831 deals on Friday.
UBA emerged the most traded stock, accounting for 59.32 million shares valued N207.20 million in 221 deals.
It was trailed by Diamond Bank, which sold 51.69 million shares worth N208.73 million exchanged by investors in 35 deals.
FBN Holdings traded 45.13 million shares valued N351.12 million in 499 deals. (NAN)
