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Capital market index appreciates by 0.33%

26 March 2014, 14:12

Lagos - Trading activities at the Nigerian Stock Exchange (NSE) on Tuesday closed upbeat with the All-Share Index improving by 0.33 percent.

The index grew by 126.97 points to close at 37 728.50, from the 37 601.53 recorded on Monday.

Also, market capitalisation appreciated by N40 billion to close at N12.118 trillion, against the N12.078 trillion achieved on March 24.

This was as a result of huge price gains by some blue chip companies.

A breakdown of the price movement chart indicated that Guinness led the gainers' chart by N6.99, to close at N175.99 per share.

It was trailed by Dangote Cement with N2 to close at N230, while Forte Oil garnered N1.50 to close at N92 per share.

Lafarge Wapco rose by N1.48 to close at N110.58, while UAC-Property gained 98k to close at N20 per share.

7UP led the losers chart by N1 to close at N90 per share.

Betaglas lost 90k to close at N17.35, while UACN dipped 63k to close at N59.36 per share.

CCNN dropped 40k to close at N8.75, while Dangote Flour decreased by 38k to close at N8.61 per share.

In all, 273.256 million shares worth N3.56 billion were traded by investors in 4 939 deals.

This was against the 253.339 million shares valued at N3.36 billion achieved in 4 459 deals on Monday.

Zenith Bank emerged the most-traded equity, accounting for 41.35 million shares worth N842.36 million.

FBN Holdings came second on the activity chart, with an exchange of 34.98 million shares valued at N422.64 million, while Access Bank sold 33.29 million shares worth N248.68 million.

GT Bank recorded a turnover of 22.05 million valued at N567.79 million.

-    NAN

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