Stock exchange gains N5bn

By Amaka Ifeakandu
Lagos

Trading activities on the floor of Nigerian Stock Exchange yesterday opened in downward trend, gaining N5 billion. Specifically, market capitalisation of listed equities grew by 0.05 per cent to N9.708 trillion from N9.703 trillion recorded the previous day.
Also, the NSE All Share Index improved by 16.09 basis points to 28263.16 points from 28247.07 traded on Friday. Investors traded 249.767 million shares worth N1.959 billion in 3170 deals against 265.074 million shares valued at N1.559 billion exchanged hands in 3136 deals.
Total Nigeria Plc led gained table, growing by N4.24 kobo to close at N299.25 kobo, Nigerian Breweries followed with a gain of N1.48 kobo to close at N145.00, Flour Mills Nigeria Plc gained N1.00 to close at N21.04 kobo, Cadbury Nigeria Plc improved by N0.78 kobo to close at N16.53 kobo, Dangote Cement added N0.47kobo to close at N182.50 kobo.
On the other hand, 7UP Bottling Nigeria Plc topped losers chart, dropping by N5.45 kobo to close at N144.55 kobo, Conoil Plc trailed by N3.50 kobo to close at N39.00, Betaglass Plc fell by N3.39 kobo to close at N31.51 kobo, Forte Oil down by N2.11 kobo to close at N161.00 and Oando decline by N0.29 kobo to close at N5.59 kobo.
Further analysis showed that Fidelity Bank recorded the highest volume of activities trading 52.009 million shares valued at N46.807 million, Diamond Bank Plc followed with account of 28.333 million shares worth N33.996 million, Access Bank traded 28.230 million shares cost 28.230 million shares valued at N156.709 million, FCMB Group traded 28.174 million shares worth N28.946 million and United Bank for Africa sold 15.285 million shares valued at N64.998 million.