Weekly Activities on the Nigerian Stock Exchange (NSE) opened on an impressive note on Monday with the market indicators appreciating by 0.73 per cent.
The News Agency of Nigeria reports that the All-Share Index rose by 202.84 points or 0.73 per cent to close at 27,833.89 from 27,631.05 recorded on Friday.
Also, the market capitalisation, which opened at N9.500 trillion, rose by N69 billion or 0.73 per cent to close at N9.569 trillion following price appreciation by some blue chips.
Dangote Cement led the price gainers’ table by N10.10 to close at N171.15 per share.
Guinness followed with a gain of N1.13 to close at N123.15, while Presco appreciated by 30k to close at N32.50 per share.
Flour Mills grew by 20k to close at N19.30, while Unilever went up by 18k to close at N42 per share.
Conversely, Nestle topped the price losers’ chart, shedding N15 to close at N810 per share.
Nigerian Breweries trailed with a loss of N3.50 to close at N115.50, while UACN lost N1.28 to close at N24.33 per share.
Zenith Bank dropped 76k to close at N15.29, while International Breweries lost 55k to close at N15.11 per share.
A breakdown of the activity chart showed that UBA emerged the toast of investors, trading 18.61 million shares worth N70.80 million in 132 deals.
Unilever followed with 17.28 million shares valued at N784.39 million traded in 45 deals, while FBN Holdings accounted for 15.11 million shares worth N71.71 million achieved in 316 deals.
Zenith Bank sold 15.06 million shares valued at N235.49 million in 272 deals, while GTBank traded 12.13 million shares worth N238.057 million in 277 deals.
In all, a total of 127.82 million shares valued at N2.45 billion were exchanged by investors in 2,434 deals.
This was in contrast to the 112.32 million shares worth N1.69 billion traded by investors in 2,317 deals on Friday.
