Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Wednesday, July 27, maintained movements South for the second consecutive day.
To this end, the All-Share Index which opened at 27,945.02 grew by 263.60 points or 0.94 per cent to close at 28,208.62 due to gains by some blue chips.
A breakdown of the gainers’ table showed that Dangote Cement recorded the highest, appreciating by N5.06 to close at N180.06 per share. MRS followed with N3.26 to close at N35.19 and Okomu Oil appreciated by N3.22 to close at N34.73 per share. Unilever Nigeria gained N1.65 to close at N34.65 and CAP increased by N1.50 to close at N37.50 per share.
Conversely, Nigerian Breweries topped the recliners’ chart, dropping by N6.54 to close at N140 per share. Lafarge Africa trailed with N1 to close at N58 and 7UP Bottling also lost N1 to close at N133 per share. Guinness dropped by 90k to close at N94 and Forte Oil shed 41k to close at N175.50 per share.
Also, the volume of shares traded closed higher with an exchange of 488.89 million shares worth N4.85 billion transacted in 4,713 deals. This is in contrast with 286.72 million shares valued at N2.34 billion achieved in 4,316 deals on Tuesday.
