NSE moves 190.68m shares worth N1.33bn in 2,978 deals

The Nigerian Stock Exchange (NSE) on Friday moved 190.68 million shares valued at N1.33 billion transacted in 2,978 deals.

The News Agency of Nigeria (NAN) said this was in contrast with a turnover of 243.61 million shares worth N2.56 billion traded in 3,647 deals on Thursday.

An analysis of the activity chart showed that Diamond Bank emerged the most-traded in volume terms, exchanging 51.35 million shares valued at N61.69 million.

Wapic Insurance came second, accounting for 28.71 million shares worth N14.36 million and Guaranty Trust Bank sold 24.15 million worth N 579.73 million.

Access Bank traded 13.76 million shares valued at N76.47 million and FBN Holding exchanged 10.45 million valued at N33.53 million.

NAN also reports that major blue chip equities recorded price depreciation and this was led by Nestle with a loss of N5 to close at N820 per share.

CAP followed with N3.03 to close at N28.70 and Nigerian Breweries dipped N1.42, to close at N130.50 per share.

Guinness dropped 75k to close at N95 and Zenith Bank, despite its interim dividend of 25k lost 30k to close at N15.60 per share.

Consequently, the All-Share Index lost 34.07 points or 0.12 per cent to close at 27,246.88 , compared with 27,280.95 recorded on Thursday.

Also, the market capitalisation which opened at N9.369 trillion shed N11 billion or 0.12 per cent to close at N9.358 trillion.

On the other hand, 7UP led the gainers’ chart, garnering N6.43 to close at N10?.03 per share.

Total improved by N4 to close at N239 and Lafarge Africa increased by N3.08 to close at N53.28 per share.
Glaxosmithkline rose by 50k to close at N19 and Guaranty Trust Bank gained 25k to close at N24.25 per share.