Business
NSE’s Indices Record 0.15% Loss On Profit Taking
The market indicators of the Nigerian Stock Exchange (NSE) closed trading on Friday with marginal drop of 0.15 per cent.
The Tide source reports that the market capitalisation shed N22 billion or 0.15 per cent to close N14.742 trillion compared with N14.754 trillion achieved last Thursday.
Similarly, the All-Share Index lost 59.2 points to close at 40,814.89 against 40,874.09 recorded on Thursday.
According to our source, Mobil Oil recorded the highest, dropping of N9 to close at N172 per share.
Dangote Cement trailed with a loss of N3 to close at N249.50, while GlaxosmithKline depreciated by N2.90 to close at N30.30 per share.
Presco declined by N2.65 to close at N66.00, Unilever Nigeria Plc fell by N2.00 to close at N53 per share.
On the other, Seplat led the gainers’ table, growing by N35.10 to close at N737.10 per share.
Guaranty Trust Bank followed with a gain of 85k to close at N44.85, while
FBN Holdings appreciated by 60k to close at N12.85 per share.
Nigerian Breweries added 30k to close at N126.10, while Dangote Flour increased by 20k to close at N13.60 per share.
However, the volume of shares traded declined by 68.14 per cent as investors bought and sold 242.29 million shares valued at N3. 03 billion transacted in 5,746 deals.
This was in contrast with 760.52 million shares valued at N8. 91 billion achieved in 5,554 deals on Thursday.
Zenith International Bank was the most active with an exchange of 30.193 million shares worth N815.10 million,
FBN Holdings followed with an account of 19.38 million shares worth N 244.68 million, while Oando exchanged 19.03 million shares valued at N184.65 million.
United Bank for Africa sold 18.94 million shares worth N212.13 million, while Access Bank traded 17.89 million shares valued at N203.05 million.
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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