The Nigerian Stock Exchange (NSE), resumed trading for the week on Monday, on a positive note with the market indices appreciating marginally by 0.06 per cent.
The market capitalisation rose by N8 billion or 0.06 per cent to close at N12.627 trillion compared to N12.619 trn achieved on Friday.
Also, the All-Share Index, which opened at 36,462.26, appreciated by 22.04 points or 0.06 per cent to close at 36,484.30. A breakdown of the price movement table indicated that Dangote Flour led the gainers’ table, appreciating by 10.19 per cent to close at N9.08 per share.
Forte Oil followed with a gain of 7.05 per cent to close at N40.99 and Honeywell Flour Nigeria gained 4.98 per cent to close at N2.11 per share. Conversely, Morison Industries recorded the highest loss to lead the losers’ table, dropping by 4.76 percent to close at 60 kobo per share.
Livestock feeds trailed with a loss of 4.49 percent to close at N85 , while WAPCO shed 3.85 per cent to close at N50 per share.
The volume of shares transacted dropped by 30.26 per cent as investors bought and sold 174.96 million shares valued at N1.82bn achieved in 3,401 deals.
This was in contrast with a turnover of 250.89 million shares worth N3.01bn traded in 3,968 deals on Friday.
FBN Holdings was the most active stock during the day, accounting for 26.51 million shares worth N262.10m It was trailed by Diamond Bank with 26.25 million shares valued at N27.53m, while United Bank for Africa sold 16.13 million shares worth N151.91m. Zenith International Bank exchanged 15 59 million shares valued at N401.37m and Transcorp transacted 14.75 million shares worth N20.21m.
