Transaction on the Nigerian Stock Exchange (NSE) last week was boosted by trading in Transnational Corporation of Nigeria Plc , First City Monument Bank Plc and Unity Bank Plc . The trio measured by volume accounted for 328.881 million shares worth N1.034 billion in 1,965 deals, contributing 21.73 per cent and 5.64 per cent to the total equity turnover volume and value respectively. At the end of the week, the market capitalization of 198 equities listed on the exchange gain N88 billion to close higher at N13.365 trillion. Meanwhile, the NSE All-Share Index appreciated by 0.65 per cent to close on Friday at 41,751.55 points. Likewise, the NSE 30, NSE Consumer Goods and NSE Banking indices appreciated by 0.80 per cent,0.30 per cent and 2.23 per cent respectively. However the NSE Insurance , the NSE Oil/Gas, the NSE Lotus Islamic Index and NSE industrial indices depreciated during the week by 1.17 per cent, 2.03 per cent, 0.43 per cent and 0.32 per cent respectively while NSE-ASeM closed flat. Also during the week, supplementary listing of additional 1 million ordinary shares of 50k each at N1.2 per share issued by Africa Prudential Registrars Plc which arose as a result of the rights issue made by the issuer were admitted to trading. Summary of price changes shows that 44 equities appreciated in prices during the week higher than 34 equities of the preceding week. Thirty seven equities depreciated in prices lower than 47 equities of the preceding week, while 117 equities remained unchanged the same with 117 equities in the previous week. Japaul Oil and Marine Services Plc led the gainers chart during the week with N0.10 kobo or 17.24 per cent, followed by DN Meyer Plc with N0.14 kobo or 9.93 per cent, Zenith International Bank Plc with N1.91 kobo or 8.23 per cent, University Press Plc with N0.31 kobo or 7.77 per cent, Vitafoam Nigeria Plc with N0.34 kobo or 6.97 per cent, Portland Paints and Products Nig. Plc with N0.30 kobo or 6.45 per cent, UBA Capital Plc with N0.14 kobo or 6.42 per cent, Pfizer Products Plc with N0.10 kobo or 6.25 per cent, Courtville Investments Plc with N0.04 kobo or 6.06 per cent, and Airline Services and Logistics Plc with N0.20 kobo or 5.97 per cent. On the other hand, Julius Berger Nigeria Plc led the losers chart with N7.19 kobo or 9.95 per cent, it was followed by C & I Leasing Plc with N0.05kobo or 8.33 per cent, Forte Oil Plc with N6.00 kobo or 6.74 per cent, Ashaka Cement Plc with N1.26 kobo or 5.95 per cent, IHS Plc with N0.18 kobo or 5.66 per cent, Mansard Insurance Plc with N0.13 kobo or 5.20 per cent, May & Baker Nigeria Plc with N0.12 kobo or 5.06 per cent, Wema Bank Plc with N0.06 kobo or 5.00 per cent, Champion Breweries Plc with N0.80 kobo or 4.98 per cent, and Northern Nigeria Flour Mills Plc with N1.15 kobo or 4.97 per cent.
Most Popular Stories
- Obama Administration Releases Proposal to Regulate For-Profit Colleges
- Motley Crue's Nikki Sixx Marries Model Courtney Bingham
- Chinese e-Commerce Giant Alibaba Gears for IPO in U.S.
- Some California Cities Seeking Water Independence
- Apple, HP, Intel May Take a Hit from Slowdown in Smartphone Sales Growth
- FDIC Files Lawsuit on Behalf of Banks Allegedly Hurt by Libor Scandal
- SoCalGas Reaches Record Spend on Diversity Suppliers
- Will Missing Malaysian Jet Prompt Aviation System Change?
- Keurig Adds Peet's coffee, Alters Starbucks deal
- Natural Gas Discovery Could Lead to Cleaner Fuels