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NSE market indices appreciate by 0.6%

31 December 2013, 14:27

Lagos -Weekly transactions on the Nigerian Stock Exchange (NSE) started on positive note on Monday with some blue chips recorded price gains.

The All-share index appreciated by 240.45 points or 0.59 percent to close at 40 472.13 from the 40 231.68 recorded on Friday.

The market capitalisation, which opened at N12.875 trillion, appreciated by N76 billion or 0.59 percent to close at N12.951 trillion.
Guinness led the price gainers’ chart, appreciating by N3.90 to close at N236.90 per share.

Julius Berger followed with a gain of N3.29 to close at N72.29, while Oando grew by N2.03 to close at N22 per share.

Okomu Oil gained N1.79 to close at N44.79, while Mobil rose by N1.60 to close at N118.60 per share.

On the other hand, Nestle led the losers’ table with N25 to close at N1 175 per share. Union Dicon trailed with a loss of 55k to close at N10.45, while Glaxosmith dropped 50k to close at N68 per share.

International Breweries dipped by 49k to close at N28.60, while FCMB lost 17k to close at N3.64 per share. Unity Bank emerged the toast of investors, accounting for 180.80 million shares worth N90.40 million in 143 deals.

FCMB came second with 30.99 million shares valued at N116.68 million in 255 deals, while Transcorp sold 28.64 million shares worth N132.24 million.

In all, the volume of shares traded increased by 12.37 percent as investors exchanged 423.655 million shares worth N3.854 billion in 4 206 deals.



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