Leadership (Abuja)

Nigeria: NSE All-Share Index Rises By 1.3 Percent

By Chris Ugwu, 3 May 2012

Transactions on the floor of the Nigerian Stock Exchange closed in the positive territory yesterday, as major blue chip companies appreciated in price, causing the All-Share index to rise by 1.3 per cent.

Price movements showed that 31 companies constituted the gainers' chart, led by Guaranty Trust Bank with 4.99 per cent to close at N16.82 per share, followed by Cadbury with 4.96 per cent to close at N15.87 per share.

Zenith Bank added 4.94 per cent to close at N14.86 per share while Access Bank and First Bank garnered 4.94 and 4.91 per cent to close at N6.16 and N10.47 per share.

Other gainers in yesterday's transactions included RT Briscoe, Union Bank, Skye Bank, adding 4.86, 4.81 and 4.80 per share to close at N1.51, N4.14 and N4.15 per share respectively.

UAC-Properties and Paint Company also gained 4.67 and 4.55 per cent to close at N11.21 and N0.92 per share.

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