Transactions on the floor of the Nigerian Stock Exchange , NSE, closed last day of trading on Friday, September 30 on a positive note.
Consequently, the All-Share Index surged by0.31 percent to close at 28,355.40 basis points, with the year to date losses reduced to -1.07 percent from -1.38 percent recorded previously.
The day’s positive performance was buoyed by improved investors’ appetite in Nigerian Breweries stocks which closed at N150 after gaining N4.57 per share,
Forte Oil also gained N3.91 to close at N165.9, and Total that appreciated N3.9 per share to close at N295. Dangote Cement added N1 to close at N183 per share and Guinness Nigeria Plc gained 99 kobo to close at N97.99 per share.
As a result, investors on the Nigerian equities market gained N34 billion in two days as market capitalisation closed at N9.733 trillion.
After the day’s trading activities, Pharma Deko Plc topped the day’s gainers with a gain of 9.36 percent or 16 kobo to close at N1.87 per share. Nigerian Aviation Handling Company Plc increased 4.85 percent or 16 kobo to close at N3.46 per share, as Honeywell Flour Mills Plc improved 4.51 percent or 6 kobo to close at N1.39 per share.
Fidson Healthcare Pharmaceuticals Plc followed with an appreciation of 3.75 percent or 6 kobo to close at N1.66 per share and Nigerian Breweries added 3.14 percent or N4.57 to close at N150 per share.
Conversely, Caverton Plc led the list of declining stocks as it fell by 8.43 percent or 7 kobo to close at 76 kobo per share, N. Northern Flour Mills Plc followed with a decline of 4.91 percent or 31 kobo to close at N6.01 per share.
Neimeth Pharmaceuticals Plc dropped by 4.26 percent or 4 kobo to close at 90 kobo per share, while Conoil Plc decreased by 4.24 percent or N1.60 to close at N36.10 per share. Unity Bank Plc recorded a depreciation of 3.95 percent or 3 kobo to close at 73 kobo per share.
Market activity as measured by Volume and Value traded, settled at 217.8 million and N2.385 respectively compared to 365.4 million and N2.090 billion traded previously.
