NSE moves 230.14million shares

Investors on the Nigerian Stock Exchange (NSE) on Tuesday traded a total of 230.14 million shares valued at N2.74 billion in 3,537 deals.

This was against 83.83 million shares worth N711.12 million traded in 2,279 deals on Monday.

The Financial Service Sector remained the toast of investors as UBA emerged the most traded in volume terms, accounting for 39.91 million shares valued at N322.13 million.

FBN Holding came second with a total of 31.64 million shares worth N50.27 million, while GTBank sold 25.84 million shares valued at N416.14 million.

Access Bank trailed with 19.92 million shares worth N99.53 million, while investors staked N278.40 million on 12.07 million shares of Diamond Bank.

Market indicators closed higher, improving by 0.46 per cent due to price gains recorded by some highly capitalised equities.

The market capitalisation gained N43 billion or 0.46 per cent to close at N9.442 trillion compared N9.399 trillion recorded on Monday.

Similarly, the All-Share Index, which opened at 27,368.41, appreciated by 124.71 points or 0.46 per cent to close at 27,493.12.

7UP maintained its leading posled the gainers’ table, growing by N11.01 to close at N127.99 per share.

Mobil Oil followed with a gain of N8.13 to close at N170.78, while Dangote Cement gained N2 to close at N175.5 per share.

Nigerian Breweries appreciated by N1.73 to close at N140 and Presco increased by N1.01 to close at N41.5 per share.

Conversely, Nestle topped the losers’ chart, dropping N8.85 to close at N816.15 per share.

Forte Oil trailed with a loss of N2 to close at N175, while ConOil shed N1.08 to close at N20.57per share.

Unilever also lost 75k to close at N39, while Zenith Bank dropped 35k to close at N14.95 per share.