Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Transactions maintain bullish trend

24 June 2014, 15:43

Lagos - Equity transactions on the Nigerian Stock Exchange (NSE) on Monday reopened for the week on a bullish note with some blue chips sustaining a price rally.

Seplat Petroleum Development Company recorded the highest gain with N14, to close at N684 per share.

Julius Berger came second on the gainers' chart with N7.10 to close at N76.45, while Nigerian Breweries rose by N3.52 to close at N170.02 per share.

Oando Oil grew by N3.10 to close at N33.47, while MRS Oil appreciated by N3 to close at N67 per share.

Consequently, the NSE All-Share index appreciated by 448.2 points or 1.09 percent to close at 41 577.47 points.

Also, the market capitalisation, which opened at N13.580 trillion, rose by N148 billion or 1.09 percent to close higher at N13.728 trillion.

On the other hand, PZ Cussons topped the losers' chart, dropping N1.60 to close at N36.40 per share. NNFM followed with a loss of N1.03 to close at N19.75, while Conoil dipped 80k to close at N67.80 per share.

Bocgas lost 30k to close at N5.76, while FBN Holdings lost 29k to close at N15.76 per share.

In all, a total of 519.343 million shares valued at N5.36 billion were exchanged in 5 917 deals, representing a growth of 23.92 percent.

UBA emerged the most traded stock, accounting for 144.56 million shares valued N1.16 billion transacted in 75 deals.

It was trailed by Transcorp, which sold 44.96 million shares worth N228.89 million in 431 deals, while Oando Oil accounted for 43.65 million shares valued at N1.45 billion in 801 deals.

CILeasing traded 23.05 million shares worth N11.59 million in 28 deals, while investors in FBN Holdings staked N336.94 million on 21.97 million shares in 466 deals.

-       NAN

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...