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NSE moves 311.59m shares worth N8.95bn

The Nigerian Stock Exchange (NSE) on Friday moved 311.59 million shares valued N8.95 billion traded in 2,588 deals.
This was against 414.35 million shares worth N3.29 billion exchanged in 3,380 deals on Thursday. GT Bank drove the volume of shares traded with an exchange of N138.16 million shares worth N2.28 billion transacted in 238 deals. Sterling Bank sold 49.64 million shares valued N84.55 million achieved in 21 deals, while Seplat accounted for 18.72 million shares worth N4.72 billion exchanged in 16 deals.
FCMB Group posted a turnover of 17.85 million shares valued N16.49 million in 114 deals and ETI traded 12.18 million shares worth N179.63 million transacted in 31 deals.


Forte Oil for the second consecutive day led the gainers’ table, increasing by N16 to close at N342 per share.
Lafarge Africa trailed with a gain of N2 to close at N80, while Dangote Cement garnered N1.50 to close at N146.50 per share.Cadbury chalked up 28k to close at N18.08 and Portland Paint grew by 15k to close at N3.74 per share.
The All-Share Index appreciated by 25 points or 0.10 per cent to close at 24,689.89 compared with 24,664.89 achieved on Thursday. Also, the market capitalisation which opened at N8.482 trillion improved by N8 billion to close at N8.491 trillion.
Conversely, Seplat topped the laggards’ chart with a loss of N7.89 to close at N252.11 per share. Nestle followed with N5 to close at N695 and Unilever dipped N2.23 to close at N29.53 per share. CAP lost N1.42 to close at N35.78 and Nigerian Breweries dropped 60k to close at N97.40 per share.


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