A Review of the Nigerian Energy Industry

NSE market indicators appreciate by 0.77 %

Nigerian Stock Exchange29 September 2013, Lagos – Weekly transactions on the Nigerian Stock Exchange closed on a positive note on Friday with the market indices on the rise.

The All-share index appreciated by 278.94 points or 0.77 per cent, to close at 36,436.98.

This was against the 36,158,04 recorded last Thursday.

The market capitalisation also grew by N89 billion to close at N11.61 trillion from the N11.52 trillion recorded on Thursday.

Lafarge Wapco led the gainers’ chart by N8.50 to close at N98.50 per share.

Guinness followed by N5.40 to close at N254 per share, while the Nigerian Breweries grew by N3.01 to close at N164 per share.

AshakaCement share price appreciated by N1.80 to close at N20.90, while UAC-Property rose by 65k to close at N16.35 per share.

On the other hand, 7up led the price losers’ by N6 to close at N66 per share.

International Breweries dipped by 70k to close at N19.05 per share, while Cadbury lost 50k to close at N45.50 per share.

Total depreciated by 50k to close N156.51 per share, while Jos International Breweries fell by 46k to close at N4.38 per share.

In all, investors exchanged 269.88 million shares worth N1.7 billion in 4,044 deals on Friday against the N314, 27 million shares worth N2.8 billion traded in 4,707 deals on Thursday.

Transcorp emerged the most traded stock with a total of 121.86 million shares valued at N187.55 million.

UBA traded 25.83 million shares worth N191.24 million, while Unity Bank sold 21.81 million shares valued at N12.37 million.

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