NSE Opens Week Positively

The market
capitalisation of the traded equites at the Nigerian Stock Exchange (NSE) last Monday rose by 0.03 per cent or N3 billion from N11.001 trillion to N11.004 trillion.
The major market indicators rose marginally with the NSE All Share Index  rising by 0.03 per cent or 8.53 points to close at 33.224.84 points, compared to 3.68 per cent decline, that were traded by investors at 33.216.31 points last Friday.
The Monday trading ended positively which was the opposite of what was obtainable since few days now at the Exchange.
The NSE, banking Index rose by 3.4 per cent to 358.17 points, the NSE consumer goods index advanced by 2.52 per cent to 824.34 points while the NSE Oil and Gas index gained 3.42 points to close at 367.61 points.
However, investors traded a total of 490.894 million shares valued at N6.993 billion in 5,470 deals with the insurance carriers, brokers and services sub-sector dominating the activities chart in terms of the traded volume of equities.
In the sub-sector 187.460 million shares valued at N481.9 million were traded in 193 deals, which accounted for 38.2 per cent of total turnover volume on Monday.
A total of 29 shares appreciated in price while 33 others suffered price depreciation.
The gainers chart was led by Custodian and Allied Plc which appreciated by 10.15 per cent or 33 kobo to close at N3.58 per share.
Dangote Suger Refinery Plc rose by 9.86 per cent to close at N5.46 per share.
RT Briscoes led the losers chart after shedding 8.33 per cent to close at 66 kobo per share.

 
Lilian Peters