12 July 2017

Nigeria: NSE Index Appreciates Further By 0.47%

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday remained upbeat with the All-Share Index growing by 153.65 points or 0.47 per cent.

The News Agency of Nigeria (NAN) reports that the index closed higher at 32,981.63 compared with 32,827.98 recorded on Tuesday.

Also, the market capitalisation grew by N55 billion to close at N11.369 trillion against N11.314 trillion posted on Tuesday.

NAN reports that the market had maintained an upward movement for the third consecutive day.

Neimeith pharmaceuticals led the gainers' table with a gain of 3k to close at 73k per share.

On the other hand, United Capital topped the losers' table with a loss of 29k to close at N3 per share.

United Capital drove the activity chart with an exchange of 1.09 million shares worth N3.34 billion.

Neimeith came second with a total of 146.49 million shares valued at N106.93 million and FCMB Group traded 25.10 million shares worth N31.13 million.

AIICO Insurance traded 23.38 million shares valued at N14.49 million and Honey Well sold 20.07 million shares valued at N39.14 million.

In all, the volume of shares traded closed higher with a total of 1.41 billion shares worth N5.12 billion exchanged in 69 deals.

This was against a turnover of 218.76 million shares valued at N2.11 billion transacted in 4,991 deals on Tuesday.

NAN

Nigeria

Where is Biafran Leader Nnamdi Kanu?

The sudden disappearance of the leader of the Indigenous People of Biafra, Nnamdi Kanu, and members of his immediate… Read more »

Copyright © 2017 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.