NSE market index up by 0.60%

by | August 22, 2013 6:39 pm

Trading activities on the Nigerian Stock Exchange (NSE) ended on positive note on Thursday with some major blue chip equity recording price gains.

The News Agency of Nigeria (NAN) reports that the All-share index appreciated by 218.56 points or 0.60 per cent to close at 36,563.89 points as against 36,345.33 points recorded on Wednesday.

Similarly, the market capitalisation which opened at N11.51 trillion, appreciated by N69 billion to close at N11.57 trillion.

Flour Mills led the gainers’ chart with N6.81 to close at N76.29 per share.

Cadbury followed with N1.70 to close at N52.95 per share, while Nigerian Breweries grew by N1.11 to close at N167 per share.

NASCON gained N1 to close at N11.70 per share, while GTBank rose by 50k to close at N25.35 per share.

On the other hand, PZ Cussons, led the losers’ chart with a loss of N3.10 to close at N34.50 per share.

Presco came second with a loss of 90k to close at N33.60 per share, while Ashaka Cement lost 60k to close at N20.66 per share.

GlaxoSmithKline also lost 40k to close at N65, while Vitafoam dipped by 37k to close at N3.93 per share.

NAN reports that Transcorp emerged as the most traded stock, accounting for 34.87 million shares, valued at N45.29 million.

Zenith Bank ranked the second with 30.53 million shares, worth N611.14 million, while Unity Bank sold 25.88 million shares valued at N13.32 million.

In all, investors bought a total of 252.17 million shares, worth N3.5 billion traded in 4,909 deals as against 249.97 million shares worth N1.9 billion exchanged in 5,085 deals on Wednesday.