NSE moves 443.22m shares valued N3.76bn

Investors on the Nigerian Stock Exchange (NSE) on Friday staked N3.76 billion on 443.22 million shares transacted in 4,571 deals. The turnover volume grew by 52 per cent compared with 291.58 million shares worth N4.43 billion traded in 5,015 deals on Thursday.

The financial services sector remained the toast of investors with FCMB emerging the most traded equity; accounting for 101.43 million shares valued N434.96 million.

MTI trailed with an exchange of 100 million shares worth N50 million, while FBN Holdings accounted for 33.75 million shares valued N443.99 million. GT Bank sold 32.09 million shares worth N872.37 million, while Learn Africa transacted 28.39 million shares worth N47.12 million.

Also, the market indices increased by 0.17 per cent as a result of gains posted by some blue chip equities. The All-Share Index rose by 64.63 points or 0.17 per cent to close at 39,022.10 points against 38,957.47 points recorded on Thursday. The market capitalisation, which opened at N12.831 trillion, grew by N22 billion or 0.17 per cent to close at N12.853 trillion.

Seplat led the gainers’ table with N4.99 to close at N640 per share. Nestle gained N4.76 to close at N1, 075.01, while Guinness improved by N3 to close at N180 per share.

Dangote Cement rose by N2.69 close at N223 and Lafarge Wapco garnered 68k to close at N112.50 per share. On the other hand, Mobil led the losers’ chart, shedding N1.74 to close at N119.06 per share. Zenith lost 55k to close at N22.95, while UACN dipped 50k to close N56 per share. GT Bank dropped 42k to close at N27.10, while Access Bank depreciated 30k to close at N9.55 per share.