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 market capitalisation grows by N26bn

09 July 2012, 16:54

Lagos - Weekly transactions on the Nigerian Stock Exchange (NSE) resumed on positive note on Monday as many blue chips recorded price appreciation.

The market capitalisation of listed shares grew by N26 billion or 0.36 per cent to close at N7.084 trillion from N7.058 trillion recorded on Friday.

Similarly, the All-Share Index, which opened at 22,110.91, appreciated  by 80.23 points or 0.36 per cent to close at 22,191.14.

Nigerian Breweries led the gainers’ chart with N3.30 to close at N109 per share.

7UP trailed with N2 to close at N42.12 per share, while Dangote Flour and Stanbic IBTC grew by 32k each to close at N6.87 and N6.96 per share, respectively.

NASCON dipped by 22k to close at N4.82 per share.

On the other hand, NewGold recorded the highest price loss of N27 to close at N2, 482 per unit.

Nestle followed with a loss of N3.04 to close at N495 per share, while Roads lost 41k to close at N7.85 per share.

Oando depreciated by 32k to close at N14.38, while ETI dropped 20k to close at N10.25 per share.

Investors exchanged 136.81 million shares worth N1.7 billion in 2,956 deals on Monday.

This was against 161.59 million shares valued at N1.5 billion exchanged in 3,317 deals on Friday.



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...