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.


NSE All-Share Index grows by 0.59% in bullish trading

16 April 2014, 14:04

Lagos- Transactions on the Nigerian Stock Exchange (NSE) on Tuesday closed upbeat as major blue chip equities recorded price appreciations.

The All-Share Index appreciated by 230.15 basis points or 0.59 percent to close at 39 217.65 compared with the 38 987.50 posted on Monday.

An analysis of price movement chart showed that Seplat, which was listed on April 14, led the gainers' chart with N30.24 to close at N635.04 per share.

PZ Cussons improved by N1.45 to close at N33.45, while Nigerian Breweries gained 95k to close at N145.99 per share.

GT Bank rose by 88k to close at N27.80, while Oando chalked up 44k to close at N15.74 per share.

Consequently, the market capitalisation, which opened at N12.834 trillion, increased by N76 billion to close at N12.910 trillion.

Conversely, Mobil topped the losers' chart, losing N1.50 to close at N120.50 per share.

Total followed with a loss of N1 to close at N169, while UAC Property declined by 60k to close at N25 per share.
Dangote Sugar and First City Monument Bank lost 24k and 16k, respectively, to close at N9.75 and N3.34 per share, each.

Transcorp emerged the most sought equity, accounting for 49.47 million shares, worth N199.24 million.

FCMB came second on the activity chart with 49.14 million shares valued at N176.36 million, while Zenith Bank traded 22.50 million shares worth N494.26 million.

FBN Holdings sold 17.14 million shares worth N212.36 million, while GTBank traded 16.25 million shares valued at N443.29 million.

In all, investors' staked N3.49 billion on 277.69 million shares transacted in 4 793 deals, representing an increase of 47.52 per cent.

This was against the 188.24 million shares worth N1.52 billion traded in 3 667 deals on Monday.

-    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...