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BUSINESS & ECONOMYCapital MarketCOVER

Index Gain 0.17% as Market Closes in Green Zone

Trading on the floor of the Nigerian Stock Exchange, NSE, closed in the green zone on Thursday, September 17, as the All share Index scooped 0.17 per cent to close at 30,410.39 points compared with 0.16 per cent gained on Wednesday, September 16 at 30,359.47 points.

Similarly, Market Capitalization gained N17.5 billion to close at N10.5 trillion compared to N16.4 billion gained yesterday to close at N10.43 trillion.

Okomuoil Plc, topped 23 equity gainers with a 4.98 per cent or N1.35 gain to close at N28.47 followed by Julius Berger Plc which added 4.95 per cent or N2.08 to close at N44.08, while Unity Bank Plc rose 4.80 per cent or 6 kobo to close at N1.31 per share.

UACN Plc appreciated 4.76 per cent or N1.50 to close at N33 per share while Etranzact Plc rose 4.74 per cent or 10 kobo to close at N2.21 per share.

On the other hand, Premier Breweries Plc led 19 equity losers as it depreciated 4.84 per cent or 15 kobo to close at N2.95 per share followed by Fidson Healthcare Plc which declined 4.78 per cent or 16 kobo to close at N3.19 per share, while Costain W.A Plc dropped 4.69 per cent or 3 kobo to close at 61 kobo per share.

Champion Breweries Plc lost 4.30 per cent or 20 kobo to close at N4.45 while AIICO Insurance Plc dropped 3.23 per cent or 3 kobo to close at 90 kobo per share.

Altogether, a total of 211.9 million shares worth N2.73 billion were exchanged by investors in 3,051 deals.

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