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NSE index depreciates by 0.32%

07 August 2013, 14:04

Lagos - Transactions on the Nigerian Stock Exchange (NSE) on Tuesday ended on a negative note with some blue chips recording price losses.

The News Agency of Nigeria (NAN) reports that the All-Share Index depreciated by 123.33 basis points or 0.32 per cent to close at 38 227.63 compared with 38,350.96 recorded on Monday.

Similarly market capitalisation which opened at N12.145 trillion declined by N39 billion or 0.32 per cent to close at N12.106 trillion.

Julius Berger led the price losers’ chart with N8 to close at N72 per share.

Total came second, dropping N4 to close at N155, while Nigerian Breweries lost N3.33 to close at N176 per share.

International Breweries depreciated by N2.03 to close at N22.62, while Mobil dipped by N1.95 to close at N120 per share.

On the other hand, Nestle topped the gainers’ chart with N10 to close at N1, 000 per share.

Northern Nigeria Flour Mill followed with N2.70 to close at N29.70 per share, while Guinness grew by N2.28 to close at N252.50 per share.

Unilever appreciated by 53k to close at N63.54 per share, while United Bank for Africa gained 25k to close at N8.85 per share.

NAN reports that investors bought 428.41 million shares worth N3.7 billion traded in 6,253 deals.

This was in contrast to 375.50 million shares valued at N3.02 billion exchanged in 5,552 deals on Monday.

 - NAN

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