Market Volume Bears, As Value Surges

Trading on the floor of Nigerian Stock Exchange (NSE) yesterday ended positively as market indicators partways in performance.

Specifically all share index close at 25,789.83 points as market capitalization also closed at N6.3 trillion.

Further, a total of 250,736,266 shares valued at N2.7 billion which exchanged ands in 16,593 deals compared to 282,718,890 shares worth N2.64 billion which exchanged hands in 6,083 deals.

The volume of shares traded declined by 31,982,624 shares from 282,718,890 shares to close lower at 250,736,266 shares.

Also the value of traded equities went up by N92.9 million from 2.6 billion to close higher at N2.7 billion.

Tha banking sub-sector was the most active after investors bought a total of 116,693,209 shares worth N1 billion in 3,397 deals compared to 193,036,348 shares worth N1.7 billion which exchanged hands in 2,975 deals.

Food, beverages and tobacco sub-sector trade a total of 12,766.204 million in 729 deals.

The gainers chart was led by Chevron, Flourmill and AP which gained N4.03, N1.59 and N0.55 per share respectively.

On the other hand, the losers chart was led by WAPCO which lost N2 per share.