15th April, 2014
Transactions on the Nigerian Stock Exchange (NSE) on Tuesday closed upbeat as major blue chip equities recorded price appreciations.
The All-Share Index appreciated by 230.15 basis points or 0.59 per cent to close at 39,217.65 compared with the 38,987.50 posted on Monday.
An analysis of price movement chart showed that Seplat, which was listed on April 14, led the gainers’ chart with N30.24 to close at N635.04 per share.
PZ Cussons improved by N1.45 to close at N33.45, while Nigerian Breweries gained 95k to close at N145.99 per share. GT Bank rose by 88k to close at N27.80, while Oando chalked up 44k to close at N15.74 per share.
Consequently, the market capitalisation, which opened at N12.834 trillion, increased by N76 billion to close at N12.910 trillion.
Conversely, Mobil topped the losers’ chart, losing N1.50 to close at N120.50 per share.
Total followed with a loss of N1 to close at N169, while UAC Property declined by 60k to close at N25 per share.
Dangote Sugar and First City Monument Bank lost 24k and 16k, respectively, to close at N9.75 and N3.34 per share, each.
Transcorp emerged the most sought equity, accounting for 49.47 million shares, worth N199.24 million.
FCMB came second on the activity chart with 49.14 million shares valued at N176.36 million, while Zenith Bank traded 22.50 million shares worth N494.26 million.
FBN Holdings sold 17.14 million shares worth N212.36 million, while GTBank traded 16.25 million shares valued at N443.29 million.
In all, investors’ staked N3.49 billion on 277.69 million shares transacted in 4,793 deals, representing an increase of 47.52 per cent.
This was against the 188.24 million shares worth N1.52 billion traded in 3,667 deals on Monday.