Business
NSE Market Index Records 0.13% Growth
Trading on the Nigerian Stock Exchange (NSE) yesterday closed on the upward trend as some blue chips recorded price gains.
Our correspondent reports that due to the price gains, the All- Share Index appreciated by 47.3 points or 0.13 per cent to close at 36,904.52.
This was against the 36,857.22 recorded on Monday.
Similarly, the market capitalisation, which opened at N11.73trillion, rose by 0.13 per cent to close at N11.75 trillion.
Mobil led the price gainers’ chart by N4.50 to close at N114.55 per share.
Flour Mills followed with N2.55 to close at N82.55 per share, while UACN grew by 2.29 to close at N63.49 per share.
Forte Oil appreciated by N2.17 to close at N45.57 per share, while CAP rose by N1.85 to close at N38.85 per share.
On the other hand, Guinness led the price losers’ chart by N2.64 to close at N247 per share.
Nestle dropped N2 to close at N1, 000 per share, while Cadbury dipped by 64k to close at N49.31 per share.
Dangote Sugar lost 50k to close at N11.20 per share, while Ashaka Cement depreciated by 45k to close at N20.10 per share.
Transcorp emerged as the most traded stock, accounting for 58.35 million shares worth N104.21 million.
Diamond Bank was second, exchanging 40.49 million shares valued at N255.08 million, while Unity Bank sold 20.82 million shares worth N11.84 million.
In all, investors exchanged 283 million shares worth N2.9 billion in 4,467 deals.
This was against the 309.87 million shares valued at N4.1 billion exchanged in 4,277 deals on Monday.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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