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Home Sectors BUSINESS & ECONOMY NSE Index Adds 0.01%, As Bull Controls Trading
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NSE Index Adds 0.01%, As Bull Controls Trading

December 6, 2016
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    Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Monday, December 5, recorded a  marginal growth of 0.01 percent.

    As such, the NSE All Share Index closed at 25,743.03 points, compared to 25,740.83 points recorded at the end of Friday, December 2.

    In spite of the surge in market value, market breadth closed negative with 15 gainers paired against 23 losers.

    Forte Oil topped the gainers’ chart with 10.24 percent rise to close at N71.94 per share. Total followed, closely soaring by 10.11 percent to close at N276.15 per share, while Oando recorded a gain of 7.80 percent to close at N4.70 per share.

    Transcorp recorded a gain of 7.04 percent to close at 76 kobo per share as Portland Paints emerged the fifth top gainer with a growth of 4.97 percent to close at N1.90 per share.

    Conversely, Guinness Nigeria led the losers, with a 9.74 percent drop to close at N80.33 per share, Vitafoam lost 5 percent to close at N2.28 per share and Red Star Express dropped 4.94 percent to close at N4.23 per share.

    Axamansard Insurance Plc depreciated 4.65 percent to close at N1.64 per share, and Neimeth Pharmaceuticals fell 4.55 percent to close at 63 kobo per share.

     

    Investors exchanged a total of 175.1 million shares valued at N3.1 billion in 3048 deals, compared to a total of 576.9 million shares worth N1.3 billion traded in 2,258 deals on Friday.

     

     

     

     

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