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Tag: Market Capitalisation

  • NSE market capitalization appreciates by 0.08%

    Transactions on the Nigerian Stock Exchange (NSE) closed for Christmas holidays on Friday on a bullish posture with the All-Share Index appreciating by 0.08 per cent.

    The index rose by 21.20 points or 0.08 per cent to close at 26,486.02 against 26,464.82 achieved on Thursday.

    Also, the market capitalisation, which opened at N9.105 trillion, appreciated by N8 billion or 0.09 per cent to close at N9.113 trillion.

    Forte Oil led the gainers’ table with a gain of N9.65 to close at N103.87 per share.

    Total came second on the gainers’ table, appreciating by N6.90 to close at N284 and Dangote Cement grew by N3.96 to close at N174 per share.

    CAP garnered N1 to close at N32, while Stanbic IBTC inched 71k to close at N14.92 per share.

    On the other hand, Nigerian Breweries topped the losers’ chart, dropping by N 4.45 to close at N137.55 per share.

    Guinness dropped N4.43 to close at N84.30 and Conoil decreased by N1.97 to close at N37.48 per share.

    GTBank lost N1.23 to close at N23.43, while Cadbury shed N1.07 to close at N10.03 per share.

    Transcorp drove the volume of shares traded with a turnover of 26.55 million shares worth N22.65 million.

    UBA accounted for 23.51 million shares valued at N105.93 million, while Champion Breweries sold 22.06 million shares worth N52.49 million.

    GTBank traded 14.35 million shares worth N339.979 million and Sterling Bank transacted 7.55 million valued at N6.21 million.

    Over all, investors bought and sold a total of 139.09 million shares worth N1.43 billion exchanged in 1,703 deals.

    This was in contrast with a total of 188.68 million shares valued at N1.39 billion achieved in 1,703 deals on Thursday.

     

     

    NAN

  • NSE market capitalization dips by 0.45%

    Trading activities on the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a negative trend with market indices dropping by 0.45 per cent due to sell pressure, halting a seven-day consecutive upward movement.

    The All-Share Index dipped 120.54 points or 0.45 per cent to close at 26,586.56 against 26,707.10 recorded on Friday.

    Also, the market capitalisation shed N42 billion or 0.46 per cent to close at N9.147 trillion compared with N9.189 trillion achieved on Friday.

    Seplat recorded the highest price loss to lead the losers’ table, dropping by N20 to close at N390 per share.

    Forte Oil lost N11.33 to close at N104.91 and MRS shed N2.27 to close at N43.24 per share.

    Unilever dipped N1.97 to close at N37.60 and ETI was down by 0.59k to close at N11.45 per share.

    Market watchers attributed the development to investors’ disposition for profit to prepare for Yuletide.

    They noted that the market would likely be dominated with profit taking throughout this week in preparation for the festive period.

    On the other hand, Guinness led the gainers’ chart with a gain of N7.40 to close at N85 per share.

    It was trailed by Total, having gained N2.87 to close at N280, and Julius Berger garnered N1.75 to close at N36.75 per share.

    Dangote Sugar inched 0.25k to close at N6.35, while NASCON increased by 0.22k to close at N7.22 per share.

    Also, the volume of shares traded closed lower as investors bought and sold 262.89 million shares valued at N1.75 billion transacted in 2,789 deals.

    This was against a total of 874.34 million shares worth N4.39 billion traded in 3,387 deals on Friday.

    NASCON emerged the most traded, accounting for73.58 million shares valued at N531.06 million.

    UBA sold 58.86 million shares worth N263.49 million and Diamond Bank accounted for 32.12 million shares valued at N27.69 million.

    Zenith Bank traded N18.82 million worth N270.99 million and investors staked N41.32 million on 11.84 million shares of FBN Holdings.

     

     

    NAN

  • NSE market capitalization appreciates by 0.57%

    Activities on the floor of the Nigerian Stock Exchange, NSE on Thursday consolidated on its upward rally for the sixth consecutive day in a row with the market indicators appreciating by 0.57 per cent.

    The All-Share Index gained 151.37 points or 0.57 per cent to close at 26,559.01 compared to 26,407.64 posted on Wednesday.

    Similarly, the market capitalisation rose by N52.07 billion, representing a growth of 0.57 per cent to close at N9.138 trillion against N9.086 trillion achieved on Wednesday.

    The upturn was largely boosted by value appreciation recorded in some medium and large capitalised stocks, which included Seplat, Guinness, Zenith Bank and ETI, among others.

    Seplat for the third consecutive day led the gainers’ chart with a gain N10 to close at N410 per share.

    Guinness came second with N2 to close at N77.60 and Guaranty Trust Bank improved by N1.09 to close at N25.60 per share.

    ETI increased by 53k to close at N11.15, while Stanbic IBTC chalked up 51k to close at N15.01 per share.

    On the other hand, Mobil recorded the highest loss to lead the losers’ table, dropping by N14.95 to close at N284.05 per share.

    Total lost N12.77 to close at N277.13 and Nigerian Breweries dipped N1.05 to close at N142 per share.

    Okomu Oil shed 39k to close at N40.13, while Forte Oil dropped 32k to close at N128.78 per share.

    International Energy Insurance emerged the most traded equity with a turnover of 37.84 million shares worth N18.92 million.

    UBA followed on the activity chart with 29.63 million shares valued at N131.56 million, while FBN Holdings sold 24.05 million shares worth N85.43 million.

    Zenith Bank accounted for 20.75 million valued at N304.98 million and FCMB Group traded 13.19 million shares worth N14.81 million.

    The total volume of shares bought and sold by investors closed lower with a total of 199.98 million shares valued at N1.50 billion achieved in 3,313 deals.

    This was in contrast with a turnover of 205.40 million shares worth N4.28 billion exchanged in 3,275 deals on Wednesday.