NSE ASI appreciates by 0.43%
Market pulse on the Nigerian Stock Exchange (NSE) today – Thursday, October 27th, 2016 ended on a positive note as the stock market closed green today. This was further highlighted by positive performances from the NSE Sub sectors: Banking and Consumer Goods, Insurance and Oil & Gas. Trading activities decrease in volume as 155.59 million shares worth of N1.76 billion in 2,648 deals exchanged hands today. This is a decrease from the 159.99 million shares worth of N1.74 billion in 2,396 deals which exchanged hands on Wednesday. Topping in volume terms were FBN Holdings Plc, Access Bank Plc and Transnational Corporation Of Nigeria Plc, while Total Nigeria Plc and Unilever Nigeria Plc ended trading as the most active stocks in value terms.
The All Share Index (NSEASI) closed positive with 0.43% (+116.39) increase to close at 27,236.78 from 27,120.39 the previous trading day. Market Capitalization appreciated in tandem to N9.36 trillion from N9.32 trillion of prior trading day. Similarly, the Thisday BGL 50 Index followed suit with an increase of 0.53% to close at 113.39 from 112.79 recorded at the end of the previous trading day, while its market capitalization stood at 8.83 trillion from 8.78 trillion of the previous trading day.
A total number of 13 stocks gained on the bourse today while 18 stocks declined, 68 leaving stocks unchanged. Total Nigeria Plc emerged as the day’s toast of investors as it topped the Thisday BGL 50 Index gainers’ list with a gain of 10.25% to close at N319.72 per share. It was followed by Cadbury Nigeria Plc with a gain of 9.43% to close at N13.00 per share. Others on the gainers list include:
Lafarge Africa Plc, Unilever Nigeria Plc and Oando Plc; while on the decliners’ list, UACN Property Development Co. Limited with a loss of 4.99% to close at N3.24 per share. It was followed by Skye Bank Plc with a loss of 4.76% to close at N0.60 per share. Others on the decliners list include: Unity Bank Plc, Seplat Petroleum Dev. Co. Ltd and Fidson Healthcare Plc.