NSE Index Adds 2.40% As Bullish Momentum Flourishes

GTBank, which traded 96.3 million shares worth N2.2 billion,  led trading activity for the day followed by Access Bank which exchanged 83.9 million shares valued at N523.4 million and Zenith Bank which sold 60 million shares worth N1.0 billion.

GSK Plc led the days 31 gainers with an appreciation of 10.16 percent or N1.68 to close at N18.21 per share, Transcorp Plc increased by 9.94 percent or 16 kobo to close at N1.77 per share, as Neimeth Pharmaceuticals Plc followed with a gain of 9.90 percent or 10 kobo to close at N1.11 per share. Champion Breweries Plc added 9.90 percent or 40 kobo to close at N4.44 per share, while Sterling Bank advanced by 7.95 percent or 12 kobo to close at N1.63 per share.

On the other hand, DN Meyer Plc topped the day’s 16 losers as it depreciated by 4.08 per cent or 4 kobo to close at 94 kobo per share, Conoil Plc lost 4.07 percent or 89 kobo to close at N20.96 per share while Continental Re-insurance Plc dropped 3.51 percent or 4 kobo to close at N1.10 per share. Livestock Plc fell by 2.56 or 3 kobo to close at N1.14 per share, as Tiger Brands plc depreciated by 2.21 percent or 11 kobo to close at N4.87 per share.

At the end of the day’s transactions, investors in 5,727 deals traded a total of 541.9 million shares worth N7.930 billion compared to a total of 533.3 million shares valued at N6.8 billion traded in 5,736 deals previously.