Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Market capitalisation dips by N22b on NSE

17 June 2014, 16:04

Lagos - The market capitalisation of the Nigerian Stock Exchange (NSE) depreciated by N22 billion or 0.16 percent on Monday, as major capitalised stocks recorded price losses.

The market capitalisation closed lower at N13.686 trillion, from the N13.708 trillion recorded on Friday, June 13.

Similarly, the All-Share Index, which opened at 41 517.10 dropped by 67.59 points to close at 41 449.51.

Lafarge Wapco led the losers’ chart by N1.94, to close at N108.06 per share.

Nigerian Breweries trailed with a loss of N1.64, to close at N173, while Stanbic IBTC depreciated by N1.07, to close at N24.83 per share.

Glaxosmith dipped by N1.01 to close at N67, while ETI fell by 83k, to close at N15.87 per share.

On the other hand, 7-UP and Oando Oil led the gainers’ table by N1 each, to close at N91 and N21, respectively.

Mobil followed with a gain of 94k, to close at N132 per share.

Okomu Oil grew by 64k to close at N33.64, while Total Oil chalked up 51k, to close at N170.51 per share.

Transcorp emerged as the most-traded stock, accounting for 18.92 million shares worth N82.53 million.

GTBank exchanged 16.04 million shares valued at N505.21 million, while Wapic Insurance sold 13.77 million shares worth N10.10 million.

UBA accounted for 12.11 million shares valued at N96.95 million, while Access Bank traded 10.80 million shares worth N104.89 million.

In all, the volume of shares traded dropped by 15.47 percent as investors exchanged a total of 182.084 million shares worth N1.96 billion in 4 517 deals.

-        NAN

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...