Julius Berger Boosts Trading On NSE

The stocks of Julius Berger Nigeria Plc on Tuesday boosted trading activities on the Nigerian Stock Exchange (NSE), accounting for 120.2 million shares worth N4.8 billion in 20 deals.

NEM Insurance came second on the activity chart with a turnover of 46.4 million shares valued at N23.2 million, exchanged in 29 deals.

UBA sold 42.9 million shares worth N86.01 million traded in 159 deals, while Fidelity Bank accounted for 27.8 million shares, valued N40.4 million traded in 93 deals.

Our correspondent reports that 394.9 million shares worth N6.6 billion were exchanged by investors in 3,837 deals.

This was against the 281.5 million shares, valued at N858.6 million, traded in 3,096 deals on Monday.

NewGold ETF led the gainers’ chart with a gain of N18 to close at N2,738 per unit.

Guinness trailed with N9.50 to close at N230, Lafarge WAPCO chalked up 88k to close at N45.23, while FBN garnered 47k to close at N9.95 per share.

NCR and Zenith Bank appreciated by 44k each to close at N9.29 and N12.45 per share respectively.

The All-Share Index rose by 144.11 points, representing 0.70 per cent to close at 20,875.83 points, up from the 20,731.72 posted on Monday.

Also, the market capitalisation, which opened at N6.533 trillion increased by N46 billion to close at N6.579 trillion, representing a 0.70 per cent increase.

Chevron topped the losers’ chart with a loss of N2.66 to close at N50.59 per share.

Conoil lost N1.47 to close at N27.98; Oando shed 94k to close at N17.97, while Unilever depreciated by 39k to close at N29.51 per share.

BOC Gases and Cadbury Nigeria lost 32k each to close at N6.51 and N10.20 per share respectively.