• Sunday, December 10, 2023
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Stock market records marginal gain


At the close of stock trading on the Nigerian Stock Exchange (NSE) yesterday, the market’s benchmark performance indicators rose marginally by 0.07 percent driven by mild gains by few stocks.

The NSE All Share Index (ASI) closed at 37,822.99 points from 37,794.75 points at the beginning of trading; while market capitalisation rose to N12.084trillion from the preceding trading day’s N12.075 trillion.

In 6,011 deals, equity dealers exchanged 245,783,024 shares valued at N2.561billion. Investors exchanged 50 units of NewGold Exchange Traded Funds (ETF). The unit price of the ETF dropped from N2, 156 to N2, 146, losing N10.

Honywell Flour Mills plc led the gainers chart yesterday after its share price rose from N3.16 to N3.47, adding N0.31; followed by May & Baker plc which rallied from N2.21 to N2.43, adding N0.22.

Zenith Bank plc garnered N0.20 from N22.20 to N22.40; Livestock Feeds plc rose from N3.99 to N4.15, adding N0.16; while Access Bank plc rose from N11.20 to N11.36, after adding N0.16.

Total Nigeria plc was the biggest loser at the close of trading on the Nigerian bourse yesterday. The share price of Total Nigeria plc dipped from N164 to N158, after losing N6; followed by Oando plc which dropped from an opening level of N16.65 to N16.40, shedding N0.25. National Salt Company of Nigeria plc depreciated from N11.12 to N11, losing N0.12; FBN Holding plc also lost N0.08 from N18.10 to N18.02; while UTC plc dipped from N0.85 to N0.77, shedding N0.08.