Transactions on the floor of the Nigerian Stock Exchange, NSE, kick-started the week on a positive note as the All Share Index jumped by 0.26% to close at 27,316.52 points in contrast to a depreciation of 0.12% recorded on Friday, August 12,to close at 27,246.88 points.
Likewise, the Market Capitalisation soared by 0.26% to close at N9.38trn compared with depreciation of 0.12% to close at N9.36trn recorded last Friday.
The surge recorded in the share prices of Nestle, Dangote Cement, Nigerian Breweries, Unilever, and Wapco were mainly responsible for the growth recorded in the NSE ASI, while Year-to-Date (YTD) returns stood at -4.63%.
The top three traded stocks today were: Zenith Bank which sold 45.8mn shares worth N696.8mn, FBN Holdings 23.2mn shares worth N72.4mn and Diamond Bank exchanged 19mn stocks worth N21.8mn.
The total value of stocks traded on the floors of The NSE today was N2bn, from N1.33bn recorded on Friday. The total volume of stocks traded was 213.6mn in 3,742 deals.
