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NSE market indices record 0.96% growth

20 December 2013, 14:26

Lagos - Trading on the Nigerian Stock Exchange (NSE) on Thursday ended on a positive note as some blue chips recorded price gains.
The News Agency of Nigeria (NAN) reports that the All-Share Index appreciated by 377.1 basis points or 0.96 percent to close at 39 760.43  from the 39 383.33 recorded on Wednesday.

Similarly, the market capitalisation, which opened at N12.603 trillion, rose by N121 billion or 0.96 percent to close at N12.724 trillion.

Nestle led the price gainers’ chart by N64 to close at N1 190 per share.

Lafarge Wapco followed with N5.30 to close at N112.30, while Nigerian Breweries grew by N2.97 to close at N167.97 per share.

Zenith Bank gained N1.35 to close at N23.31, while Unilever rose by N1 to close at N53 per share.

On the other hand, Dangote Cement topped the losers’ table with N1.74 to close at N210 per share.

Cadbury trailed with a loss of 52k to close at N62.48, while Ashaka Cement dropped 45k to close at N19.75 per share.

UAC-prop depreciated by 25k to close at N17.75, while UACN lost 20k to close at N65 per share.

 Unity Bank emerged as the most traded stock, accounting for 383.82 million shares worth N192.11 million.

FCMB trailed with 161.83 million shares valued at N517.99 million, while AIICO Insurance sold 22.42 million shares worth 18.23 million.

In all, the volume of shares traded rose by 68.09 per cent as investors exchanged 714.20 million shares worth N3.06 billion in 4 276 deals against 424.88 million shares worth N3.73billion exchanged in 4 803 deals on Wednesday.

-    NAN


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