Lagos - Equity transactions on the Nigerian Stock Exchange (NSE) on Tuesday
ended in the upbeat note with the market indices appreciating by 0.55 per cent.
The News Agency of Nigeria (NAN) reports that the market capitalisation
appreciated by N68 billion or 0.55 per cent to close at N12.461 trillion from
the N12.393 trillion achieved on Monday.
The All-Share Index rose by 214.09 points or 0.55 per cent to close at
38 961.60 against the 38 747.51 posted on Monday.
Analysis of the price movement indicated that Nigeria Breweries topped the
gainers’ chart with N5.86 to close at N167 per share.
WAPCO followed with N5 to close at N111, while Dangote Cement gained N4.97
to close at N200 per share.
Cadbury appreciated by N1.68 to close at N63.68, while Guinness rose by N1
to close at N260 per share.
On the other hand, Nestle led the losers’ table by N45.10 to close at N1
129.90 per share.
Flour mill trailed with a loss of N6.72 to close at N85.08, while CAP lost by
N1.55 to close at N48.45 per share.
Okomu Oil shed 50k to close at N42.50, while ETI dropped 40k to close at
N14.60 per share.
The volume of shares traded increased by 3.69 per cent as 701.33 million
shares worth N3.30 billion were traded in 5 393 deals.
This was against the 676.39 million shares valued at N3.49 billion traded in
4 776 deals on Monday.
Unity Bank was the toast of investors, accounting for 432.35 million shares
worth N221.17 million.
Transcorp came second on the activity chart with 49.95 million shares valued
at N200.45 million, while Zenith Bank sold 24.89 million shares worth