NSE: Volume Picks Up After Early Week Crash

At the end of transactions yesterday on the floor of Nigerian Stock Exchange (NSE), market ended on a positive note as the volume and value of traded equities recovered from the crash of the week opening.

Specifically, market closed at 25,939.19 points while the market capitalization closed at N6.3 trillion.

Investors traded a total of 552,732.217 shares worth N3.7 billion in 7,065 deals in contrast to 349,342,964 shares valued at N2.2 billion which exchanged hands in 7,294 deals.

The volume of shares traded surged by 203,389,353 shares or 58.2 per cent to close at 552,732,217 shares.

Also the value of traded equities appreciated by N1.5 billion or 68.2 per cent to close at N3.7 billion.

Julius Berger led the gainers chart after gaining N2.26 per share, opening and closing at N53.06 and N55.32 respectively.

WAPCO, CAP and Glaxosmith followed, opening and closing at N42.05, N43.9, N28.39, N29.8 and N27, N28.35 respectively, gaining N1.85, N1.41 and N1.35 respectively.

The losers chart was led by NB  which opened and closed at N63.8 and N60.61 after losing N3.19.