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Published On: Thu, Jan 1st, 2015

NSE: Capital market indices up by .06%

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Equity transactions on the Nigerian Stock Exchange (NSE) on Tuesday closed on a bullish note as some blue chips sustained price rally.

The News Agency of Nigeria (NAN) reports that Nestle led the gainers’ table by N48 to close at N1,043 per share.

Seplat came second by N16.88 to close at N372, while Guinness rose by N10.55 to close at N170 per share.

Nigerian Breweries grew by N8 to close at N169, while Mobil Oil appreciated by N6.80 to close at N158 per share.

Consequently, the NSE All-Share appreciated by 20.4 points or 0.06 per cent to close higher at 34,684.32 as against the 34,663.92 achieved on Monday.

Also, the market capitalisation, which opened at N11.479 trillion rose by N7 billion or 0.06 per cent to close at N11.486 trillion.

On the other hand, Total Oil topped the losers’ chart by N7 to close at N150 per share.

Lafarge Wapco followed with a loss of N2.16 to close at N80.21, while Oando Oil dipped by N1.85 to close at N17.15 per share.

CAP lost N1.50 to close at N37.50, while. Stanbic IBTC lost N1.18 to close at N28 per share.

However, a total of 390.821 million shares valued at N6.99 billion were exchanged in 4,637 deals, representing a drop of 36.97 per cent.

NAN reports that this was against a turnover of 620.152 million shares worth N4.68 billion achieved in 4,606 deals on Monday.

ETI drove the activity chart in volume terms, accounting for 53.76 million shares worth N1.01 billion in 83 deals.

It was trailed by Fidelity Bank with a total of 50.24 million shares valued N82.42 million in 73 deals, while Asosavings traded 50.00 million shares worth N25.00 million exchanged by investors in one deal. (NAN)


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