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NSE trades shares worth N6.2bn

15 July 2014, 20:31

Lagos - After days of losses, the stock market opened on Monday on a positive note leading to the Nigerian Stock Exchange (NSE) All Share Index (ASI) closing high at 42,936.06 points against the preceding trading day’s level of 42 832.82 points.

Also, the market capitalisation rose from a low of N14.143trn to N14.175trn, indicating N32bn value addition by Nigerian equities.

This was the outcome after investors in 5 502 deals exchanged 468 559 126 units of listed companies shares valued at N6.2bn.

Ashaka Cement plc led other equities on the gainers’ table after its share price rose by N1.62, from N32.55 to N34.17.

GTBank plc followed after its share price gained N1.03, from a low of N29.97 to N31.

Lafarge WAPCO plc rallied from N112.03 to N113, adding N0.97; while Forte Oil plc appreciated from N234.06 to N235, adding N0.94. Stanbic IBTC Holdings plc rose from N27.05 to N27.5, adding N0.45.

On the losers’ chart, Guinness Nigeria plc lost N5.5, from N205 to N199.5; while Julius Berger Nigeria plc declined from N68.05 to N66.01, losing N2.04.

Seplat Petroleum Development Company plc was another big loser at the bourse after its share price dropped by N2, from N702 to N700; followed by Flour Mills Nigeria plc which declined by N1.3, from N78 to N76.7.

Unilever Nigeria plc made the top losers list after its share price declined from N51.5 to N50.24, down by N1.26.

Actively traded equities include: FBN Holdings plc, Unity Bank plc, Wema Bank plc, Transnational Corporation plc, and GTBank plc.


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