Seplat Petroleum Development Company plc, Mobil Oil Nigeria plc, Guinness Nigeria plc, Lafarge WAPCO plc, and Nigerian Breweries plc led other equities in terms of price appreciation after yesterday’s trading at the Nigerian Stock Exchange (NSE).
On the contrary, Chemical and Allied Products plc, Dangote Cement plc, Julius Berger Nigeria plc and Fidson Healthcare plc respectively occupied the topmost position on the losers table.
The stock market sustained the positive movement after trading on Customs Street yesterday, evidenced in the direction of the market’s performance indicators –the NSE All Share Index (ASI) which rose by 0.28%; and market capitalisation which rose by N32billion.
The NSE ASI rose from 38,480.07 points to 38,585.99 points at the close of deals; while the market capitalisation of equities listed on the main board rose from N12.667trillion to N12.702trillion.
This was recorded after equity dealers in 3,952 deals exchanged 321,983,165 units of listed companies shares valued at N3.236billion.
The share price of Seplat rose from N662.99 to N696.12, adding N33.13; while that of Mobil appreciated from N115 to N123.50, adding N8.50. Also, Guinness Nigeria plc rose by N3.98, from N176.02 to N180; Lafarge WAPCO rallied from N110.02 to N111.99, adding N1.97; while Nigerian Breweries plc appreciated from a low of N148.72 to N150, adding N1.28.
Leading the losers table, the share price of Chemical and Allied Products plc declined from N40.35 to N39, down by N1.35; while Dangote Cement plc declined from N225.92 to N224.64, after losing N1.28.
Also on the top losers table, Julius Berger Nigeria plc declined by N0.90, from a high of N69.40 to N68.50; while Fidson Healthcare plc lost N0.13, from N2.49 to N2.36. Actively traded stocks on the bourse yesterday included: Continental Reinsurance plc; Access Bank plc, GTBank plc, FCMB Group plc, and Transcorp plc.
IHEANYI NWACHUKWU
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