Bull Sentiment Retains Hold on Trading as NSE Index Scoops 0.56%

Trading activities on the Nigeria Stock Exchange, NSE, remained in the green zone on Monday, February 15, as the All Share Index increased by 0.56% to close at 24,827.50 points, compared with 0.10% recorded last Friday. Year-to-date (YTD), the NSE ASI depreciated by 13.32%.

Likewise, the Market Capitalization jumped by 0.56% to close at N8.54trn, compared with the appreciation of 0.10% recorded last Friday to close at N8.49trn.

The appreciation recorded in the share prices of Dangote Cement, GT Bank, UBA, Transcorp, and Seplat were mainly responsible for the gain recorded in the Index.

The total value of stocks traded on the floors of The NSE today was N2.92bn, down by 67.35% from N8.95bn traded last Friday. The total volume of stocks traded was 283.52mn in 3,030 deals.

The three most actively traded stocks were: Zenith Bank (140.80mn), GT Bank (23.18mn) and Fidelity Bank (21.36mn). The most actively traded sectors were: Financial Services (255.89mn), Oil & Gas (13.58mn) and Consumer Goods (12.61mn).