Business
NSE Moves 138.55m Shares Worth N1.55bn
Transactions at the Nigerian Stock Exchange (NSE) on Friday maintained a downward trend as investors staked N1.55 billion on 138.55 million shares transacted in 2,796 deals.
The volume of shares traded closed lower compared with 186.73 million shares valued N1.77 billion exchanged in 3,257 deals on Thursday.
UBA emerged the most traded equity with an exchange of 18.41 million shares worth N86.102 million transacted in 157 deals.
It was trailed by Zenith Bank which accounted for 15.75 million shares worth N305.59 million achieved in 149 deals, while FBN Holdings sold 14.36 million shares vluaed N114.29 million traded in 260 deals.
Beco Petroleum Products transacted 9.76 million shares worth N4.88 million in one deal and Access bank sold 9.08 valued N48.70 million exchanged in 246 deals.
Similarly, the All-Share Index lost 200.77 points or 0.61 per cent to close at 32,538.34 compared with 32,739.11 recorded on Thursday due to price losses by major blue chip equities.
Also, the market capitalization which opened at N11.176 trillion decreased by N69 billion to close at N11.107 trillion.
Dongote cement topped the losers’ chart, dropping by 2.50 to close at N170 per share.
It was followed by Lafarge Africa with N2 to close at N101, while Nigerian Breweries dipped N1.05 to close at N144 per share.
Seplat lost N1 to close at N342 and Guinness also dropped by N1 to close at N152 per share.
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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