• Sunday, February 25, 2024
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NSE: Weekly transactions reopen on bullish note


Weekly transactions on the Nigerian Stock Exchange (NSE) reopened on a bullish note on Monday with some blue chips chalking up gains.

Seplat topped the price gainers’ table, gaining N5 to close at N675 per share.

Dangote Cement came second on the gainers’ chart with a gain of N4.89 to close at N219.99, while Lafarge Wapco rose by N1.5 to close at N120 per share.

PZ Cussons grew by N1.03 to close at N34.95, while Ashaka Cement appreciated by 98k to close at N33.29 per share.

Consequently, the All-Share Index appreciated by 96.06 points or 0.23 per cent to close at 40,769 points against the 40,672.94 points achieved on Friday.

Market capitalisation, which opened for the day at N13.43trillion, rose by N31 billion or 0.23 per cent to close at N13.46 trillion.

However, losers at the transaction were led by Forte Oil, which lost N11.78 to close at N223.82 per share.

Nigerian Breweries followed with a loss of N1.06 to close at N176.13, while Presco dipped by N1 to close at N36 per share.

GTBank lost 89k to close at N28.26, while CCNN lost 5k to close at N14 per share.

In all, a total of 2.18 billion shares valued at N47.74 billion were exchanged in 4,084 deals against 263.86 million shares worth N2.79 billion achieved in 4,780 deals on Friday.

ETI emerged the most traded stock, accounting for 2.05 billion shares valued at N45.82 billion.

Transcorp sold 15.40 million shares worth N91.23 million, while GT Bank accounted for 12.23 million shares valued at N348.42 million.

Zenith Bank traded 11.13 million shares worth N269.75 million, while investors in FBN Holdings staked N126.41 million on 8.69 million shares.