Nigeria Stock Exchange All-Share Index records 0.06% on Monday


Activities on the Nigerian Stock Exchange (NSE) closed for the month of April on Monday with a marginal growth of 0.06 per cent.

The News Agency of Nigeria (NAN) reports that the All-Share Index which opened at 41,244.89 improved by 23.12 points or 0.06 per cent to close at 41,268.01.

Similarly, the market capitalisation rose by N8 billion or 0.05 per cent to close at N14.948 trillion compared to N14.940 trillion achieved on Friday.

Also, breakdown of the price movement chart showed that Beta Glass led the gainers’ table for the day, gaining N3.75 to close at N79.25 per share.

Julius Berger followed with a gain of N1.15 to close at N28.05, while Dangote Cement appreciated by N1 to close at N246 per share.

Cement Company of Northern Nigeria added 95k to close at N20.45, while Guaranty Trust Bank advanced by 65 to close at N46 per share.

Conversely, Nestle topped the losers’ chart, dropping by N16 to close at N1,599 per share.

Dangote Sugar trailed with a loss of 90k to close at N20.50, while Flour Mills depreciated by 70k to close at N34.50 per share.

Dangote Flour was also down by 70k to close at N13.30, while Total depreciated by 40k to close at N222.20 per share.

However, the turnover of shares exchanged rose by 41.08 per cent, while the value of shares transacted grew by 77.78 per cent.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.


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