THE Nigerian Stock Exchange (NSE), started the week yesterday, on a busy note, as investors traded 450.43 million shares valued at N3.86 billion in 10,168 deals, with market capitalization going up to N6.7 trillion.<\/p>\n
The excitement in the market, according to some stockbrokers, was not unconnected with the presence of the NSE president, Dr. Oba Otudeko and a delegation from Ogun State, led by its governor, Otunba Gbenga Daniel.<\/p>\n
Specifically, yesterday’s trading activities, contrasted with the 340.82 million shares valued at N2.43 billion traded in 9,403 deals on Friday.<\/p>\n
Also, market capitalisation went up by N16 billion to close at N6.708 trillion against the N6.548 trillion recorded by the Exchange on Friday.<\/p>\n
All-share index gained weight by 701.93 points to close at 29,415.60 against the 28,713.67 achieved on June 12.<\/p>\n
As usual, the banking sub-sector was the most active trading 240.86 million shares worth N2.65 billion in 5,894 deals. <\/p>\n
The shares of the sub-sector was boosted by trading in the shares of First Bank of Nigeria, which sold 29.3 million shares valued at N707.43 million 1,263 deals.<\/p>\n
In the insurance sub-sector, investors exchanged 77.9 million shares worth N98.77 million in 1,005 deals, while the food, beverages and tobacco sub-sector traded 41.75 million shares valued at N573.76 million, in 723 deals.<\/p>\n
Oando Nigeria Plc led the gainers’ table with N4.10 to close at N86.27 per share.<\/p>\n
AP appreciated by N4.01 to close at N94.00 while Conoil gained N2.99 to close at N62.85 per share and Guinness which opened at N118.02 closed at N1.98.<\/p>\n
Seven-Up led the losers’ table losing by N1.90 to close at N36.10 per share.<\/p>\n
Okomu Oil went down by N1.39 to close at N26.51, while Julius Berger lost by N0.92 to close at N36.59 per share<\/p>\n","protected":false},"excerpt":{"rendered":"
Seven-Up led the losers’ table losing by N1.90 to close at N36.10 per share.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-16","post","type-post","status-publish","format-standard","hentry","category-banking-finance"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16"}],"version-history":[{"count":0,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}