Investors trade 360.020m shares worth N3.7b

Investors on the Nigerian Stock Exchange on Friday staked N3.73 billion on 360.020 million shares.

The News Agency of Nigeria reports that transactions of the day were conducted in 4,648 deals and it represented 78.77 per cent increase overThursday’s 201.385 million shares worth N3.01 billion, traded in 4,637 deals.

Standard Alliance Insurance emerged the most traded stock of the day, accounting for 161.55 million shares valued at N80.77 million transacted in one deal.

FCMB came second on the activity chart with 27.05 million shares worth N114.92 million traded in 70 deals, while Access Bank sold 20.61 million shares valued at N204.21 million in 149 deals.

However, all-share index of the day revealed a depreciation of 13.87 points or 0.03 per cent, closing at 42,598.46 as against 42,612.33 recorded on Thursday.

Similarly, the market capitalisation dropped by N5 billion or 0.03 per cent to close at N14.07 trillion as against N14.070 trillion posted on Thursday.

Seplat, which lost N9.99 on its shares’ value to close at N690 per share, led the losers’ chart.

It was followed by Lafarge Wapco, which lost N3.06 to close at N119.94.

Nigerian Breweries dropped N2.75 to close at N184.15 per share, while CCNN shares depreciated by 19k to close at N15.30.

Eterna Oil dipped by 17k to close at N3.80 per share.

Conversely, Conoil recorded the highest price gain of N7.03 to close at N75.73 per share.

Total Oil followed with a gain of N2.94 and closed at N178.96, while Okomu Oil appreciated by N1.54 to close at N35.98 per share.

Forte Oil chalked up N1.50 to close at N240 per share, while NNFM shares appreciated by N1.03 to close at N21.68 per share.