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    Mobil Leads Gainers Chart As Indices Rise Further On The Exchange


    NSE, Investors, The Exchange

     

    Equity segment of The Nigerian Stock Exchange (NSE) maintained positive momentum yesterday when Mobil Nigeria Plc, Seplat Oil Development Company Plc among others pushed trading on the floor upwards as major indicators, the All-share Index and market capitalisation appreciated by 0.80 per cent each.

    The All-Share index went up significantly by 265.28 basis points or 0.80 percent to close at 33,246.91 points from 32,981.63 points it closed on Wednesday, while Market Capitalisation appreciated by N91.5 billion, to close at N11.459 trillion from N11.367 trillion it closed previously.

    Mobil led gainers’ table when it added N22.45 to close at N259.00 per share, followed by Seplat which added 500 kobo to close at N475.00 per share, Forte Oil garnered 350 kobo to close at N53.5 per share, Guinness Nigeria grabbed 300 kobo to close at N63.00 per share, while Lafarge Cement WAPCO recorded 201 kobo to close at N52.00 per share, among others.

    On the reverse side, Nigerian Breweries led decliners’ table when it depreciated by 147 kobo to close at N153.7 per share, it was trailed by UAC of Nigeria which slipped by 42 kobo to close at N16.58 per share, NCR dropped 38 kobo to close at N7.33 per share, Champion Breweries lost 18 kobo to close at N2.39 per share, while National BOC Gas depreciated by 16 kobo to close at N4.14 per share, among others.

    The total value of stocks traded on the floors of The NSE was N2.78 billion, up by 32.23 per cent from N2.11 billion recorded on Wednesday as total volume of stocks traded was 270.85 million in 3,940 deals.

    The three most actively traded stocks were UBA (48.27 million), Access Bank (34.53 million) and FBN Holdings (31.94 million), while the most actively traded sectors were: Financial Services (241.46 million), Consumer Goods (7.66 million), and Services (6.70 million).

    The post appeared first on Independent Newspapers .

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