Increasing demand for the shares of Seplat Petroleum Development Company plc further helped to push its share price to a record high yesterday.
Barely three days after listing on the Nigerian Stock Exchange (NSE), Seplat share price consistently rose to N666.79 yesterday, after adding N31.75, from N635.04 it recorded the preceding trading day.
As investors continue to favour equities, the Nigerian Stock Exchange – All Share Index (ASI) rose by 0.21% (81.32 points) yesterday to close at 39,298.97 points from 39,217.65 recorded the preceding trading day.
Also, equities market capitalisation gained N27billion to N12.937 trillion yesterday from N12.910 trillion the preceding day.
Total Nigeria plc followed Seplat on the top gainers table after its share price rose by N2.5, from N169 to N171.50.
CAP plc also gained N1.85, after rising from N37.75 to N39.60; Mobil Oil Nigeria plc gained N1.50,
from N120.50 to N122; while Nigerian Breweries plc rallied by N1, from N148.99 to N149.99.
At the Nigerian bourse yesterday, equity dealers in 4,859 deals exchanged 276,737,594 units of companies shares valued at N3.6billion.
First Bank Holdings plc, Guaranty Trust Bank plc, Zenith Bank plc, Fidelity Bank plc, and Transcorp plc were the most actively traded stocks on the Exchange yesterday in terms of volume.
On the laggards table, Okomu Oil Palm plc led other equities after its share price dropped by N2.10, after moving from N42 to N39.90; followed by Guinness Nigeria plc which dropped by N2, from N190 to N188.
Flour Mills of Nigeria plc dropped by N1.14, from N68.49 to N 67.35, Beta Glass dropped from N19.95 to N18.97, down by N0.98; while Guaranty Trust Bank plc dipped by N0.39, from N27.80 to N27.41.
