NSE Index Up 0.02% As Investors Swoop On CCNN Shares

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Lagos – Trading on the floor of the Nigerian Stock Exchange (NSE) yesterday took off from where it closed on Friday as the two major indicators, the All Share Index and Market Capitalisation appreciated by 0.02 per cent each.

The All Share index appreciated by 8.69 basis points or 0.02 per cent to close trading at 42,579.48 points against 42,570.89 points, while market capitalisation closed at N15.280 trillion after it went down by N3.081 billion or 0.02 per cent from N15.277 trillion recorded in the previous trading day.

Cement Company of Northern Nigeria emerged the most traded equity yesterday with an exchange of 134.896 million shares worth N2.252 billion. 

It was trailed by Transnational Corporation; having accounted for 34.150 million shares valued at N71.041 million, while FBN Holdings sold 21.778 million shares worth N250.074 million, Access Bank exchanged 20.575 million shares valued N270.028 million while Fidelity Bank traded 20.496 million shares worth N61.303 million.

Breweries’ major player, International Breweries led the advancers’ table on Monday when it appreciated by 285 kobo to close at N59.85 per share, followed by PZ Cussons which grabbed 115 kobo to close at N24.15 per share, National Salt Company of Nigeria added 105 kobo to close at N21.60 per share, Guaranty Trust Bank nicked 75 kobo to close at N49.35 per share, while Red Star Express increased by 30 kobo to close at N6.30 per share, among others.

Seplat Petroleum Development Company sat atop the decliners’ table when it went down by N13.70 per share to close trading at N671.40 per share, followed by petroleum marketer, Total Nigeria, which lost N11.00 to close at N217.00 per share, Mobil Nigeria shed 950 kobo to close at N180.50 per share, building materials’ Dangote Cement depreciated by 100 kobo to close at N259.00 per share, United Bank for Africa dropped 45 kobo to close at N12.50 per share, among others.




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