FO, Betaglas, Costain gain as NSE index goes up by 0.25%


16501282444179Activities on the floor of the Nigerian Stock Exchange closed Friday on a positive note, as 28 companies recorded gains while market gained N30billion.

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Specifically, the Market Capitalisation which opened the day’s trading at N11.731 trillion appreciated by N28 billion, representing 0.25 per cent to close at N11, 761trillion.

The All Share index appreciated by 0.25 per cent to close at 36, 925.82 points, as against 36, 831.03 points recorded yesterday.

Also reflected the positive transaction, the Market turnover recorded a turnover of 536,937,747 Ordinary Shares valued at N2.53 billion in 3,817 deals.

The price movement chart displayed 28 gainers and 21 losers at the close of business.

Airsevices Nigeria Plc led on the losers’ table by 9.69per cent or N0.41 kobo per share to close N3.82kobo per share.

The company was trailed by Prestige Assurance Nigeria Plc that shed 5 per cent or N0.03 kobo per share loss to close trading for the day at N0.57 kobo per share and RTBriscoe Nigeria Plc fell by 4.86 per cent or N0.07 kobo per share to close at N1.37kobo per share.

FO led 28 other stocks on the gainers table by 4.9 per cent or N1.87 kobo per share to close at N1.39kobo per share, Betaglas  Nigeria Plc gained 4.97 per cent or N0.59 kobo to close at N12.46kobo per share and Costain gained 4.63 per cent or N0.05kobo to close at N1.13per share.

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Babatunde Akinsola
Babatunde Akinsola
Babatunde Akinsola is aNaija247news' Southwest editor. He's based in Lagos and writes on the Yoruba Nation political issues, news and investigative reports

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