Transactions opened on the Nigerian Stock Exchange (NSE) for the week on Monday with a growth of 0.95 percent, following gains by some blue chips.
The News Agency of Nigeria reports that the market capitalisation inched N113 billion or 0.95 percent to close at N11.981 trillion against N11.868 trillion on Friday.
Similarly, the All-Share Index, which opened at 31,827.24 points, rose by 302.70 points or 0.95 percent to close at 32,129.94 points.
International Breweries led the gainers’ table in the transactions, appreciating by N2 to close at N27 per share. GTBank followed with a gain of N1.70 to close at N37.20, while Zenith Bank gained 55k to close at N24.50 per share.
Dangote Flour added 50k to close at N10.40, while Dangote Cement Industries increased by 40k to close at N197 per share.
Conversely, PZ Cussons topped the losers’ chart, dropping by N1.30 to close at N12.15 per share. UACN trailed with a loss of 25k to close at N8.25 per share, while Dangote Sugar declined by 15k to close at N14.50 per share.
United Capital shed 10k to close at N3.25 per share, while Glaxosmithkline dropped by 10k to close at N11.90 per share. Diamond Bank was the most active stock, exchanging 33.03 million shares worth N82.11 million.
United Bank for Africa followed with an account of 31.06 million shares valued at N239.14 million, while Zenith Bank traded 28.87 million shares worth N703.10 million.
Access Bank sold 21.01 million shares valued at N124.20 million, while Transcorp exchanged 16.98 million shares valued at N21.43 million.
In all, investors traded 228.48 million shares valued at N2.61 billion achieved in 3,544 deals. This was in contrast with 341.95 million shares worth N3.75 billion exchanged in 4,513 deals on Friday.
ASSISTANT NEWS EDITOR