NSE All-Share Index improves by 0.44%

The All-Share Index of the Nigerian Stock Exchange on Friday appreciated by 0.44 per cent due to gains posted by some blue chip equities.

The News Agency of Nigeria reports that the index, which opened at 29,747.57, rose by 130.76 points or 0.44 per cent to close at 29,878.33.

Also, the market capitalisation appreciated by N44 billion to close at N10.240 trillion, compared with N10.196 trillion recorded on Thursday.

Nestle led the gainers’ table, increasing by N83.98 to close at N965.98 per share.

Forte Oil grew by N9.70 to close at N228.70, while Guinness Nigeria gained N3 to close at N119 per share.

Total grew by N2.80 to close at N155 and 7UP improved by N1 to close at N191 per share.

On the other hand, Nigerian Breweries topped the losers’ chart, dropping N1.98 to close at N120.02 per share.

Flour Mills followed with a loss of 93k to close at N25.07, while Nigeria- German declined by 55k to close at N5.16 per share.

Lafarge Africa lost 52k to close at N99.50 and Zenith Bank shed 40k to close at N15.40 per share.

Zenith Bank emerged the most traded stock, accounting for 74.83 million shares worth N1.14 billion traded in 705 deals.

It was trailed by Access Bank with 67.11 million shares valued N308.71 million achieved in 459 deals, while UBA sold 57.79 million shares worth N186.32 million transacted in 230 deals.

FBN Holdings traded 26.31 million shares valued N154.95 million traded in 529 deals and GT Bank sold 23.69 million shares worth N525.99 million exchanged in 276 deals.

In all, investors’ bought and sold 345.73 million shares worth N4.95 billion exchanged in 4,443 deals.

NAN reports that this was against 2.87 billion shares valued N5.28 billion traded in 4,014 deals on Thursday.

NAN.