By Augustine Aminu
Weekly transactions on the Nigerian Stock Exchange (NSE) closed on a positive note yesterday with the market indices appreciating by 0.26 per cent.
The market capitalisation rose by N17 billion to close at N6.579 trillion against the N6.562 trillion recorded on Thursday.
Also, the All-Share Index rose by 55.64 points to close at 20, 877.64 from the 20,822.00 posted on Thursday.
Reports shows that New Gold Exchange Traded Fund (ETF) led the gainers’ chart with a gain of N38 to close at N2, 768 per unit.
Oando followed with 80k to close at N17.10, GTBank chalked up 55k to close at N14.65 while Berger Paints rose by 43k to close at N9.30 per share.
On the other hand, Chevron topped the losers’ chart with a loss of N2.52 to close at N48.07 per share.
Julius Berger trailed with a loss of 89k to close at N29.11, while CAP lost 72k to close at N14.50 per share.
Cadbury dipped by 48k to close at N9.14 per share, while Nigerian Breweries lost 32k to close at N94.01 per share.
A total of 425.4 million shares worth N2.5 billion were exchanged by investors in 3,758 deals against the 320.1 million shares worth N3.8 billion traded in 3,715 deals on Thursday.
The banking sub-sector remained the most active with 316.9 million shares valued N1.1 billion exchanged in 1,848 deals.
UBA traded 224.9 million shares worth N449.9 million in 212 deals, while FBN followed with 26.2 million shares valued at N272.9 million exchanged in 619 deals.
The insurance sub-sector came second on the activity chart as investors traded 20.4 million shares worth N15.9 million in 124 deals.
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