Equities trading on the floor of Nigerian Stock Exchange (NSE) closed today on a positive note to halt a 10-day negative outlook even as the benchmark indices appreciated by 0.36 percent.
Specifically, the All-Share Index rose 130.81 absolute points to close at 36, 947.10 points as against 1.30 percent depreciation recorded previously. Market capitalization also added N48 billion to close at N13.383 trillion from N13.335 trillion it commenced trading for the day. Its Year-to-Date (YTD) returns currently stands at 3.39 percent.
The stock market price movement closed flat as Nigerian Breweries led 21 gainers as against 21 losers topped by Presco at the end of today’s session – an Improved performance when compared with previous outlook.
Nigerian Breweries led on the gainers table with N3 or 2.91 percent to close at N106 per share. It was followed by Guaranty Trust Bank with N1.75 or 4.53 percent to close at N40.4 per share, Mobil added N1.5 or 0.91 percent to close at N166 per share.
Zenith Bank and Forte Oil were up five kobo and 35 kobo to close at N26 and N35.5 respectively.
Conversely, Presco emerged highest price loser at the close of trading for the day. Its share price lost N3.75 or five percent to close at N71.25 per share.
International Breweries trailed with N1.2 or 2.5 percent to close at N39 per share, PZ dipped N1.05 or 4.98 percent to close at N20.80 per share, while Cadbury shed N1 or 8.0 percent to close at N11.5 per share.
Flourmill’s share price crashed N1 or 3.2 percent to close at N30.1 per share.
In all, investors exchanged 314.428 million shares valued at N7.33 billion traded in 6,016 deals.