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NSE index appreciates by 0.29%

23 April 2013, 12:10

Lagos - Weekly transactions on the Nigerian Stock Exchange (NSE) opened on Monday on a positive note with the market indicators recording marginal growth due to gains by some blue chips.

The News Agency of Nigeria (NAN) reports that the All-Share Index grew by 96.08 points or 0.29 per cent to close at 33 090.05 against the 32 993.97 posted on Friday.

Also, the market capitalisation rose by N31 billion to close at N10.58 trillion from the N10.55 trillion recorded on Friday.

CAP led the price gainers' chart with N1 to close at N38 per share.

GTBank came second on the gainers' table with 88k to close at N25.09, while Glaxo gained 80k to close at N49 per share.

Zenith rose by 50k to close at N19.70, while Presco garnered 47k to close at N24 per share.

Conversely, Lafarge Wapco topped the losers' chart, dropping N3 to close at N38 per share.

MRS Oil trailed with a loss of N2.24 to close at N20.16 per share and was followed by Unilever with a loss of N1.70 to close at N51.30 per share.

PZ Cussons lost N1.50 to close at N40.50, while Cement Company of Northern Nigeria dipped 90k to close at N9.60 per share.

In all, investors staked N3.44 billion on 317.66 million shares in 4 687 deals, an increase of 24.37 per cent against the 255 million shares worth N2.53 billion traded in 4 452 deals on Friday.

Standard Alliance Insurance emerged the most traded equity with 93 million shares worth N46.50 million traded in two deals.

FBN Holdings trailed on the activity chart, accounting for 32.66 million shares valued at N620.71 million exchanged in 434 deals.
Zenith Bank sold 28.62 million shares worth N559.80 million in 370 deals.


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