NSE Index gains 0.70%
Market pulse on the Nigerian Stock Exchange (NSE) today – Monday, June 20th, 2017 ended on a positive note as the stock market closed green on the back of Consumer Goods industry. This was further highlighted by positive performance from the NSE Subsectors: Consumer Goods (Save Banking, Insurance and Oil & Gas). However, trading activities decreased in volume as 392.27m shares worth of N4.22 billion in 5,412 deals exchanged hands today. This is a decrease from 482.52m shares worth of N5.68 billion in 5,771 deals which exchanged hands on Monday. Topping in volume terms are: Transnational Corporation Of Nigeria Plc, Zenith Bank Plc and Skye Bank Plc; Zenith Bank Plc and Nigeria Breweries Plc ended trading as the most active stocks in value terms. Brent crude oil price settles at US$46.12 per barrel.
The All Share Index (NSEASI) closed positive with 0.70% (+240.50) increase to close at 34,375.60 from 34,135.10 the previous trading day. Market capitalization appreciated in tandem to N11.89 trillion from N11.80 trillion of prior trading day. Similarly, the Thisday BGL 50 Index closes with an increase of 0.74% to 145.20 from 144.12 recorded at the end of the previous trading day, while its market capitalization stood at N11.31 trillion from N11.22 trillion of the previous trading day.
Market breath closed positive today as 25 stocks gained on the bourse while 27 stocks also declined, leaving 53 stocks unchanged. Topping the Thisday BGL 50 Index gainers’ list Julius Berger Nig. Plc as it emerged as the day’s toast of investors with a gain of 10.18% to close at N43.85 per share. It was closely followed by CCNN Plc with a gain of 8.83% to close at N10.74 per share. Others on the gainers list include: Wema Bank Plc, International Breweries Plc and UACN Property Development Co. Limited; while on the decliners’ list, Forte Oil Plc lead with a loss of 5.25% to close at N50.04 share. It was followed by Fidson Healthcare Plc with a loss of 4.85% to close at N3.14 per share. Others on the decliners list include: Glaxo Smithkline Consumer Nig. Plc, Cadbury Nigeria Plc and Sterling Bank Plc.