NSE moves 190.68m shares worth N1.33bn in 2,978 deals

The Nigerian Stock Exchange (NSE) on Friday
moved 190.68 million shares valued at N1.33 billion
transacted in 2,978 deals.
The News Agency of Nigeria (NAN) said this was in
contrast with a turnover of 243.61 million shares
worth N2.56 billion traded in 3,647 deals on
Thursday.
An analysis of the activity chart showed that
Diamond Bank emerged the most-traded in volume
terms, exchanging 51.35 million shares valued at
N61.69 million.
Wapic Insurance came second, accounting for 28.71
million shares worth N14.36 million and Guaranty
Trust Bank sold 24.15 million worth N 579.73
million.
Access Bank traded 13.76 million shares valued at
N76.47 million and FBN Holding exchanged 10.45
million valued at N33.53 million.
NAN also reports that major blue chip equities
recorded price depreciation and this was led by
Nestle with a loss of N5 to close at N820 per share.
CAP followed with N3.03 to close at N28.70 and
Nigerian Breweries dipped N1.42, to close at
N130.50 per share.
Guinness dropped 75k to close at N95 and Zenith
Bank, despite its interim dividend of 25k lost 30k to
close at N15.60 per share.
Consequently, the All-Share Index lost 34.07 points
or 0.12 per cent to close at 27,246.88 , compared
with 27,280.95 recorded on Thursday.
Also, the market capitalisation which opened at
N9.369 trillion shed N11 billion or 0.12 per cent to
close at N9.358 trillion.
On the other hand, 7UP led the gainers’ chart,
garnering N6.43 to close at N10?.03 per share.

Total improved by N4 to close at N239 and Lafarge
Africa increased by N3.08 to close at N53.28 per
share.
Glaxosmithkline rose by 50k to close at N19 and
Guaranty Trust Bank gained 25k to close at N24.25
per share.