Nigerian Stock Exchange Tndex up 0.35%, as FBN Holdings, Access Bank, Zenith Bank Most Traded
Business News Thursday, April 10th, 2014
The Nigeria’s equities market further appreciated Wednesday as the Nigerian Stock Exchange All Share Index (NSE ASI) appreciated by 0.35% to close at 39,017.66 points, compared with the appreciation of 0.66% recorded yesterday. Year-to-Date (YTD), the Index has shed 5.59% of its value.
L–R: GM/Head, Listings Sales and Retention, Mrs. Taba Peterside; Managing Director, Chams Plc, Sir Demola Aladekomo; Executive Director, Business Development, The Nigerian Stock Exchange (NSE), Mr. Haruna Jalo-Waziri and Chairman, Chams Plc, Very Revered Ayodeji Richards at the Chams Plc Facts Behind the Figures presentation on the floor of The Nigerian Stock Exchange Wed, April 09, 2014
Similarly, the Market Capitalization recorded an appreciation of 0.35% to close at N12.53trn, compared with the gain of 0.66% recorded yesterday to close at N12.49trn.
The appreciation in the Index today could be attributed to the gains recorded in the share prices of some highly capitalised stocks such as: UACN, Cadbury, Nestle, Zenith Bank and UBA amongst others.
The total value of the stocks traded on the floors of The NSE was N4.31bn, down by 12.74% from N4.94bn traded yesterday.
The total volume traded was 290.96mn in 4,248 deals. The three most actively traded stocks were: FBN Holdings Bank (61.31mn), Access Bank (47.76mn) and Zenith Bank (46.78mn), while the most actively traded sectors were: Financial Services (241.01mn), Conglomerates (18.31mn) and Consumer Goods (12.37mn).
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