All-share index begins week with 0.1% gain       

Toyin Ajadi

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Transactions of equities on the Nigerian Exchange closed positive on the first trading day of the week with the benchmark index appreciating by 0.1%.
The all-share index rose 0.1% to 98,847.89, being 95.91 basis points higher than 98,751.98 points at the close of the market last week while the market capitalization inched up above the benchmark index by 3.40% which is N1.9 trillion to close at N55.9 trillion.
The total traded volume of shares for the day was worth N19.92 billion from 429.639 shares traded in 10,749 deals.
Top on the gainer’s list was Transcorp Nigeria with a 9.94% price gain and a closing price of N15.70k, followed by PZ Cussons Nigeria with a 9.93% gain and a closing price of N37.10. After that was Neimeth International Pharmaceutical with a 9.88% price rise and a closing price of N1.89k.
On the downside, Dangote Sugar Refinery rocked the bottom spot after losing 10% to close at N53.10k. It was closely followed by Vitafoam Nigeria with a 10% loss and a closing price of N22.95k while Unity Bank also lost 10% to close at N1.98k.
Transcorp was the toast of investors as it recorded the highest volume of trade of 203 million. It was followed by Transcorp Power with 40 million traded shares and United Bank for Africa with 19.6 million shares.

 

 

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