Investors trade 407.80 million shares worth N4.45bn on NSE

Nigeria Stock Exchange05 February 2014, Lagos – Investors on the Nigerian Stock Exchange, NSE, on Tuesday traded 407.80 million shares worth N4.45 billion exchanged in 5,846 deals.

The News Agency of Nigeria, NAN, reports that this was in contrast to the 396.96 million shares valued at N5.45 billion, exchanged in 5,446 deals on Monday.

The All-Share Index dipped by 301.51 points or 0.73 per cent to close at 41,064.91, from the 41,366.42 points recorded on Monday.

The market capitalisation, which opened at N13.26 trillion, depreciated by N97 billion or 0.73 per cent to close at N13.16 trillion.

Dangote Cement led the price losers’ table with N2.80, to close at N240.50 per share.

International Breweries dropped N1.04 to close at N28.95, while Nigerian Breweries lost N1.01 to close at N156.99 per share.

Guinness fell by 99k to close at N221.96, while GT Bank dipped by 88k to close at N27.52 per share.

On the other hand, Nestle topped the gainers’ chart with N20 to close at N1, 150 per share.

Bataglas gained N1.80 to close at N19.47, while Oando grew by N1.64 to close at N22.75 per share.

Presco gained N1.20 to close at N44.95, while Lafarge Wapco appreciated by N1 to close at N108 per share.

NAN also reports that Univinsure was the toast of investors, accounting for 140.69 million shares valued at N70.35 million in 4 deals.

Zenith Bank followed with 41.66 million shares worth N964.54 million in 230 deals, while Transcorp traded 23.51 million shares valued at N97.70 million in 328 deals.

About the Author