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Home Sectors BUSINESS & ECONOMY NSE Index Gains 0.15% on Sustained Upward Trajectory
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NSE Index Gains 0.15% on Sustained Upward Trajectory

January 30, 2017
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    Stock Market Dips Further In Face Of More Deals

    Transactions on the floor of the Nigerian Stock Exchange, NSE, on Friday, January 27, Equities closed on a positive driving up market value.

    As such, the All Share Index and market capitalization appreciated 0.15 percent to close at 26,328.22 points and N9.058 trillion respectively.

    On the gainers table, Champion Breweries was top with 8.73 percent growth to close at N2.49, followed by 7up with an increase of 5.57 percent to close at N108.

    Total came third on the gainers list, having appreciated 4.90 percent to close at N298.96 while Neimeth and Nigerian Aviation Handling Company (NAHCo) added 4.29 and 4.23 percent each to close at 73 kobo and N2.71 respectively.

    On the flip side, NASCON led the losers chat with a drop of 4.86 percent to close at N7.83, Cutix dropped 4.82 percent to close at N1.5.

    Transcorp followed with a depreciation of 4.71 percent to close at 81 kobo, Fidson fell 4.20 percent to close at N1.14 and Transnational Express dropped 4.04 percent to close at 95 kobo per share.

    Most actively traded stock for the day was Champion Breweries that traded 83.8 million units of shares, worth N194.4 million, Zenith Bank was next with 52.5 million units valued at N826.6 million and Diamond Bank was third with 13.7 million units of shares valued at N13.6 million.

    United Capital was the fourth most traded stock with 11.7 million units valued at N40.6 million while FCMB emerged fifth on the day’s top traded list with 11.5 million units of shares at N15.4 million.

    At the end of the day’s session, investors had traded a total of 237.8 million units of shares in 2,725 deals, representing an increase of 73 percent from 136.8 million units of shares, traded in previous session.

     

     

     

     

     

     

     

     

    Naira Gains Momentum At Parallel Market, Trades At N490/$

     

     

     

     

     

     

     

     

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