Nestle, DANGCEM, GTBank gains as NSE market indicators record marginal gains

Date:

Activities on the Nigerian Stock Exchange (NSE) improved on Tuesday with the market indicators appreciating marginally due to price gains by some blue chips.

Thank you for reading this post, don't forget to subscribe!

Nigerian Stock Exchange The market capitalisation rose by N242 billion or 2.04 per cent to close at N12.089 trillion against the N11.847 trillion recorded on Monday.

Also, the All-Share Index rose by 704.27 points or 2.17 per cent to close at 33,114.44 from the 32,440.17 posted on Monday.

Nestle led the price gainers’ table, gaining N95 to close at N1,495 per share.

Dangote cement followed with a gain of N5 to close at N210, while International Breweries and Stanbic IBTC added N2 each to close at N32.5 and N44 per share, respectively. GTBank appreciated by N1.75 to close at N37 per share.

On the other hand, Total Oil topped the price losers’ chart, shedding N9.7 to close at N180 per share. Mobil Oil trailed with a loss of N3.8 to close at N175.2, while Presco declined by N3.45 to close at N56.55 per share.

Zenith Bank was down by 55k to close at N20.45, while Lafarge Wapco lost 5k to close at N22.5 per share. Unvestors traded a total of 222.956 million shares valued at N3.28 billion in 3,327 deals.

This was against the 190.568 million shares worth N3.306 billion exchanged in 2,942 deals on Monday. Zenith Bank was the most active stock, exchanging 43.28 million shares worth N1923.64 million.

International Breweries followed with 36.95 million shares valued at N1.11 billion, while UBA traded 35.25 million shares worth N291. 52 million.

Fidelity Bank sold 16.02 million shares valued at N26.33 million, while Diamond Bank exchanged 10.08 million shares worth N11.96 million. (NAN)

Naija247news
Naija247newshttps://www.naija247news.com/
Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

Share post:

Subscribe

Popular

More like this
Related

Soldiers Massacre: “Defense Headquarters Reveals Identities of Fallen heroes in Okuoma Community Attack”

The Defense Headquarters has revealed the identities of the...

US warned Niger about ties to Russia, Iran before junta revoked accord, Pentagon says

WASHINGTON, March 18 (Reuters) - U.S. officials traveled to...

“Potential Trump Presidency: Concerns Rise Over US-Africa Relations”

If Donald Trump secures victory in November's US presidential...

“Sanwo-Olu, Anyaoku, Adebanjo, and Others Call for New Nigerian Constitution”

SANWO-OLU, ANYAOKU, ADEBANJO, OTHERS DEMAND NEW NIGERIAN CONSTITUTION ...

Discover more from Naija247news

Subscribe now to keep reading and get access to the full archive.

Continue reading