NSE Records 0.05 % Marginal Gains

Trading on listed equities on the Nigerian Stock Exchange
(NSE) closed on a positive note on Thursday, following marginal gains recorded
by some highly capitalised companies.

The highly capitalised companies, which had been under
pressure since the beginning of August, collectively appreciated by 0.05 per
cent

The All-Share Index, which opened at 23,166.58 points, grew
by 12.28 points to close at 23,178.86 points.

The market capitalisation rose by N4 billion to close at
N7.377 trillion compared with the N7. 373 trillion recorded on Wednesday.

Unileverled the gainers’ chart with N1 to close at N35.50
per share.

PZCussons followed with 66k to close at N24.69 per share, while
Nigerian Breweries share price grew by 41k to close at N117.50.

Berger Paints appreciated by 36k to close at N7.67, while
ETI rose by 20k to close at N10.60 per share.

On the other hand, Arbico led the losers’ chart, dipping by
86k to close at N16.43 per share.

GlaxoSmithKline depreciated by 55k to close at N29 per share
while Presco lost 35k to close at N14.65 per share.

First Bank dipped by 17k to close at N12 per share while
Zenith fell with 10k to close at N15 per share.

In all, investors bought 429.57 million shares worth N1.5
billion in 3,821 deals as against 190.36 million shares valued N1.6 billion
traded in 3,926 deals on Wednesday.