By Amaka Ifeakandu
Lagos
Volume of activities on the floor of the Nigerian Stock Exchange (NSE) yesterday increased by 66.62 per cent.
The NSE trading result showed that volume of transactions rose by 133.141 million as investors traded 332.996 million shares worth M4 661 billion in 3577 deals against 199.855 million shares valued at N1.810 exchanged hands the previous day in 3657 deals. Market capitalisation of listed equities also went up by N101 billion to N12.675 trillion from N12.574 trillion recorded on Tuesday. Also, the NSE All Share Index appreciated by 91.23 basis points to 36622.85 points from 36531.62 traded the previous day. An analysis of the investment showed that Seplat Petroleum Development Plc led gainers table, gaining N10.00 to close at N490.00, Glaxosmith followed with a gain of N1.20 kobo to close at N25.20 kobo, Nascon appreciated by N0.89 kobo to close at N15.22 kobo, UAC of Nigeria added N0.87 kobo to close at M18.38 kobo, Dangote Flour Mills Nigeria Plc advanced by N0.36 kobo to close at N7.50 kobo.
On the contrary, Forte Oil recorded the highest loss during the day, shedding N2.23 kobo to close at N42.42 kobo, Mobil Oil trailed with a loss of N1.85 kobo to close at N156.00, International Breweries fell by N1.72 kobo to close at N54.50 kobo, Cutix Plc down by N0.22 kobo to close at N2.13 kobo while UPL dropped by N0.11 to close at N2.11 kobo.
Further analysis showed that United Bank for Africa was most active during the day, trading 85.181 million shares worth N795.018 million, Zenith International Bank followed with account of 43.455 million shares valued at N1.138 billion, Access Bank traded 41.132 million shares cost N407.921 million, Fidelity Bank sold 21.636 million worth N34.678 million while Guaranty Trust Bank GTBank traded 19.065 million shares valued at N800.574 million.
