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Published On: Fri, Jun 6th, 2014

NSE trades 447.41m shares worth N6.32bn

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Investors on the Nigerian Stock Exchange (NSE) on Thursday staked N6.32 billion on 447.41 million shares in 5,943 deals.

The News Agency of Nigeria (NAN) reports that the volume of transactions represented 3.83 per cent increase over the 430.922 million shares worth N6.52 billion traded in 5,569 deals on Wednesday.

The financial services sector remained the toast of investors as Zenith Bank emerged the most traded equity.

The sector accounted for 118.57 million shares valued at N3.01 billion.

Unitykap came second with 112.28 million shares worth N56.14 million, while Transcorp accounted for 26.93 million shares valued N112.17 million.

Skye Bank traded 21.93 million shares worth N74.76 million, while UBA exchanged 18.31 million shares valued at N137.35 million.

The NSE All-Share Index depreciated by 57.36 points or 0.14 per cent to close at 41,570.07 against the 41,627.43 achieved on Wednesday.

Similarly, the market capitalisation dropped N19 billion or 0.14 per cent to close at N13.726 trillion from the N13.745 trillion posted on Wednesday.

Forte Oil led the losers’ chart by N7 to close at N250.01 per share.

Seplat trailed with a loss of N1.95 to close at N675, while Oando dropped N1.34 to close at N19 per share.

Nigerian Breweries lost 79k to close at N183.20, while ETI dipped by 65k to close at N16.85 per share.

On the other hand, Conoil recorded the highest price gain of N2.41 to close at N50.82 per share.

It was trailed by Okomu Oil, which gained N1.50 to close at N34.50, while CAP and Guinness appreciated by N1 each to close at N40 and N178.50 per share respectively.

Julius Berger chalked up 98k to close at N67.50 per share. (NAN)

 

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