NSE: Market capitalisation grows by 0.31%

Dealers at the Nigeria Stock Exchange

Dealers at the Nigeria stock Exchange

Dealers at the Nigeria stock Exchange
Dealers at the Nigeria stock Exchange

Activities at the Nigerian Stock Exchange (NSE) on Monday reversed to the upward trend after depreciating for five consecutive days last week.

NAN reports that the market capitalisation, which opened at N9.979 trillion increased marginally by 0.31 per cent or N31 billion to close at N10.010 trillion.

Also, the All-Share Index rose by 91.70 points to close at 30,234.72 when compared with 30,143.02 declared on Friday.

Seplat led the gainers’ chart by N15 to close at N315 per share.

Dangote Cement gained N7.75 to close at N166.4, while 7UP grew by N1 to close at N161 per share.

Presco appreciated by 9k to close at N27, while Oando Oil increased by 49k to closed at N15.54 per share.

On the other hand, Nestle recorded the highest price loss of N42.75 to close at N812.25 per share.

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Julius Berger trailed with a loss of N5.07 to close at N40, while Nigerian Breweries dipped by N2.6 to close at N144.4 per share.

Glaxosmith lost N2.13 to close at N40.66, while Stanbic IBTC depreciated by N1 to close at N26 per share.

Zenith Bank emerged as investors’ delight, accounting for 96.29 million shares worth N1.53 billion.

Mbenefit exchanged 64.03 million shares valued at N32.02 million, while FBN Holdings sold 25.46 million shares worth N200 million.

However, the volume of shares traded decreased by 27.55 per cent as investors exchanged a total of 327.453 million shares worth N3.61 billion in 4,530 deals.

This was against the 451.969 million shares valued at N2.73 billion traded in 4,545 deals on Friday.