Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday, October 25, maintained positive growth with the All-Share Index improved further by 0.25 per cent. the index at the Stock market rose by 91.23 points or 0.25 per cent to close at 36,622.85 compared with 36,531.62 achieved on Tuesday.
Moreover, the market capitalisation which opened at N12.574 trillion inched N101 billion to close at N12.675 trillion, amid gains by some highly capitalised equities.
Seplat Petroleum Development Plc led the gainers table, gaining N10 to close at N490 per share.Glaxosmithkline followed with a gain of N1.20 to close at N25. 20 and NASCON appreciated by 89k to close at N15.22 per share. UACN added 87k to close at N18.38, while Dangote Flour Mills advanced by 36k to close at N7.50 per share.
Conversely, Forte Oil recorded the highest loss, dropping with a loss of N2.23 to close at N42.42 per share. Mobil Oil trailed with a loss of N1.85 to close at N156 and International Breweries shed N1.72 to close at N54.50 per share.
Cutix also trailed by 22k to close at N2.13, while UPL dropped by 11k to close at N2.11 per share. The volume of shares traded was upbeat as investors bought and sold a total of 332.99 million shares valued at N4.66 billion exchanged in 3,577 deals.
The United Bank for Africa emerged the most traded with an exchange of 85.18 million shares worth N795.02 million.
Zenith International Bank came second with 43.46 million shares valued at N1.14 billion and Access Bank traded 41.13 million shares worth N407.92 million.
Fidelity Bank sold 21.64 million worth N34.68 million, while Guaranty Trust Bank traded 19.07 million shares valued at N800.57 million.
This was in contrast with a turnover of 199.86 million shares worth N1.81 billion traded in 3,657 deals on Tuesday.
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