Transactions on the floor of the Nigerian Stock Exchange, NSE, on Friday, May 4, closed the week upbeat, recovering from losses recorded the previous trading sessions following sell-offs in major sectors stocks.
Consequently, the All Share Index of the bourse appreciated by 0.27%, however, Week-To-Date performance slumped by 0.06%.
Similarly, market breadth index trended positive with 26 stocks gaining paired against 22 declining stocks that declined.
International breweries emerged as the day’s biggest gainer with a growth of 9.05%, while Mobil was the day’s worst performing stock, shedding 4.95%.
The sectorial performance showed NSE Consumer Goods Index soaring by 1.51%, following the growth in International Breweries, Nigerian Breweries, Guinness and Nestle.
NSE Industrial Index leaped by 0.36%, buoyed by the buy interest in CCNN and Dangote Cememt.
NSE Oil & Gas Index depreciated by 1.76%, due to the sell-off in Mobil, Oando, Eterna Oil and Seplat.
NSE Banking Index plunged by 0.31%, largely driven by the crash in Fidelity Bank. Wema Bank, Zenith Bank and UBA.
Access Bank was the most actively traded with 41million units of shares worth N460million.
