NSE Index Up 0.34% on Buy Interest in Banking, Consumer Stocks

Stock Market Dips Further In Face Of More Deals

Trading activities on the floor of the Nigerian Stock Exchange, NSE on Friday, January 26, got a breather following buying interest in Banking, Consumer goods.

Consequently, the NSE All Share Index, ASI appreciated for the last trading day of the week, soaring by 0.34%

Price movement chart showed UBN adding 9.59%, while Transnational Corporation soared by 7.89%. Meanwhile, Skye Bank depreciating by 9.38%, while JAIZ Bank dropped 9.35%.

Sectorial Performances was led by Banking sector with 0.49% growth, Consumer Goods sector with 0.48% surge. Industrial and Oil and Gas sector also recorded growth.

Diamond Bank was the most actively traded stock with 118million units of shares accounting for 25% of total volume.

In the day’s early trade, total volume and total value increased by  237% and 124% respectively, compared to the previous trading session, as investors have exchanged 479million units of shares worth N2.76billlion.