Capital market indices rise by 0.56 per cent on NSE

Transactions on the Nigerian Stock Exchange (NSE), on Monday, opened FOR the week on a positive note as some major blue chips recorded price gains. The All- share index, which opened at 26,671.72, appreciated by 150.37 basis points or 0.56 per cent to close at 26,822.09 points. Also the market capitalisation grew by N48 billion or 0.56 per cent to close at N8.570 trillion as against the N8.522 trillion recorded on Friday.
NewGold recorded the highest price gain of N20 to close at N2,614 per unit. Guinness trailed with N8.90 gain to close at N250, while Nigerian Breweries grew by N1.45 to close at N145 per share. Cadbury appreciated by N1.30 to close at N29.80 per share, while NCR share price appreciated by 71k to close at N15.08. On the other hand, DN MEYER led the losers’ chart with a loss of 28k to close at N2.52 per share. Morison followed with 20k to close at N3.84 per share while Dangote Flour dipped by 15k to close at N7.85 per share. ETI dropped 15k to close at N10.85, while Aiico lost 6k to close at 60k per share. In all investors exchanged 443.82 million shares worth N2.2 billion traded in 4,043 deals. This represented an increase of 214.81 million shares as against the 229.01million shares valued at N2.8 billion traded in 3,556 deals on Friday