It was a brief trading week on the floor of the Nigerian Stock Exchange (NSE), the stock market opened for three days as Wednesday and Thursday were declared Public Holidays to celebrate the Christmas and Boxing Day . Despite the shorter trading days during the week, the market capitalization of the equities listed on the exchange appreciated by N214 billion or 1.69 per cent to close on Friday at N12.875 trillion. Also, the summary of index movements indicates that the NSE All-Share Index appreciated by 668.93 basis points or 1.69 per cent to close on Friday at 40,231.68 points. All the other NSE indices excerpt the NSE Alternative Securities Market (which remained unchanged) appreciated during the week; NSE 30 by 1.85 per cent to close at 1,848.46 , NSE Consumer Goods by 0.43 per cent to close at 1,086.58, NSE Banking by 2.63 per cent to close at 422.11, NSE Insurance by 1.28 per cent to close at 149.89. Also, the NSE Oil/Gas Index increased by 6.67 per cent to close at 325.40, NSE Lotus Islamic Index by 1.37 per cent to close at 2,824.29 and NSE Industrial Goods Index by 1.63 per cent to close at 2,501.21. Consequently, a turnover of 1.278 billion shares worth N6.897 billion in 10,761 deals were traded this week by investors on the floor of the exchange in contrast to a total of 2.726 billion shares valued at N18.777 billion that exchanged hands last week in 22,228 deals. The financial services industry (measured by volume) led the activity chart with 749.658 million shares valued at N3.216 billion traded in 5,541 deals; thus contributing 58.68 per cent and 46.62 per cent to the total equity turnover volume and value respectively. The ICT Industry followed with a turnover of 270.481 million shares worth N137.141 million in 99 deals. The third place was occupied by the conglomerates industry with 124.842 million shares worth N626.895 million in 1,041 deals. Trading in the top three equities namely, Mass Telecommunication Innovations Nigeria Plc , Unity Bank Plc and Transnational Corporation of Nigeria Plc (measured by volume) accounted for 601.665 million shares worth N775.880 million in 1,341 deals, contributing 47.09 per cent and 11.25 per cent to the total equity turnover volume and value respectively. Summary of price changes shows that 58 equities appreciated in prices during the week higher than 43 equities of the preceding week. Eleven equities depreciated in prices lower than 34 equities of the preceding week, while 129 equities remained unchanged higher than 121 equities in the previous week. Oando Plc led on the top ten gainers during the week with N3.55 kobo or 21.62 per cent to close at N19.97 kobo per share. It was followed by FCMB Group Plc with gain of N0.61 kobo or 19.06 per cent to close at N3.81 kobo per share and Transnational Corporation of Nigeria Plc with gain of N0.65 kobo or 16.41 per cent to close at N4.61 kobo per share. Others on the gainer chart are, Fidson Healthcare Plc with N0.35 kobo or 13.73 per cent, N.E.M Insurance Co (Nig) Plc with N0.08 kobo gain or 13.33 per cent, Costain (W A) Plc with N0.13 kobo or 12.87 per cent, U T C Nigeria Plc with N0.08 kobo or 12.70 per cent, Africa Prudential Registrars Plc with N0.30 kobo or 11.63 per cent, Ecobank Transnational Incorporated with N1.49 kobo or 9.93 per cent and Glaxo Smithkline Consumer Nigeria Plc with N6.00 kobo or 9.60 per cent gain. On the loser chart, Champion Breweries Plc led with N0.88 kobo or 4.96 per cent to close at N16.91 kobo per share. Vono Products Plc followed with N0.09 kobo or 4.95 per cent loss to close N1.73 kobo per share and E-Tranzact International Plc with N0.13 kobo or 4.83 per cent to close at N2.56 kobo per share. Others are; Ipwa Plc with N0.03 kobo or 3.95 per cent loss, Airline Services and Logistics Plc with N0.12 kobo or 3.61 per cent, International Breweries Plc with N0.91 kobo or 3.03 per cent, Guinness Nigeria Plc with N7.01 kobo or 2.92 per cent, Cadbury Nigeria Plc with N1.60 kobo or 2.56 per cent, Dangote Sugar Refinery Plc with N0.16 kobo or 1.41 per cent and Mansard Insurance Plc with N0.03 kobo or 1.22 per cent loss.
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