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NSE market indicators appreciate by 0.14%

07 January 2014, 10:35

Lagos - Equity transactions on the Nigerian Stock Exchange (NSE) opened for the week on Monday on the upbeat with the market indices growing marginally by 0.14 percent.

The News Agency of Nigeria (NAN) reports that the All-Shares Index rose by 56.82 points or 0.14 per cent to close at 41 507.30 against 41 450.48 achieved on Friday, January 3.

The market capitalisation, which opened at N13.265 trillion, appreciated by N18 billion or 0.14 percent to close at N13.283 trillion.

Analysis of the price movement chart showed that Dangote Cement recorded the highest gain to lead the gainers table by N4 to close at N224 per share.

It was followed by Guinness with a gain of N2.95 to close at N239.95 per share.

Nigerian Breweries appreciated by N1.99 to close at N167.99, while Union Dicon gained N1.23 to close at N13.31 per share.

Conversely, Nestle topped the losers' chart, losing N12 to close at N1 170 per share.

Forte Oil trailed with a loss of N2.64 to close at N90 per share.

Oando depreciated by N2.59 to close at N24.07, while CAP lost N1.75 to close at N46.70 per share.

NAN reports that the volume of shares traded decreased by 37.83 percent with an exchange of 326.06 million shares worth N2.91 billion traded in 5 365 deals.

NEM emerged as the most traded stock with 37.43 million shares valued at N33.72 million.

It was followed by UBA with 36.17 million shares valued at N340.14, while Japaul Oil traded 29.28 million shares worth N19.29 million.

ETI sold 28.53 million shares valued at N493.85 million, while Unity Bank accounted for 22.46 million shares worth N11.23 million.

-    NAN


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