Seplat, Nigeria Breweries emerge top gainers’ on NSE

Activities closed for the week on the Nigerian Stock Exchange (NSE) on a positive trend following gains recorded by some highly capitalised stocks after two consecutive days losses.

Specifically, Seplat led the gainers’ table, gaining ₦54 to close at ₦594 per share.

It was followed by Nigerian Breweries with ₦3.50 to close at ₦79.50, while UACN gained 70k to close at ₦10.70 per share.

Berger Paints added 65k to close at ₦7.15, while Union Bank of Nigeria appreciated by 25k to close at ₦6.10 per share.

Consequently, the All-Share Index rose by 113.45 points or 0.37 per cent to close at 30,681.50 as against 30 568.05 achieved on Thursday.

Similarly, the market capitalisation which opened at ₦11.165 trillion inched ₦41 billion or 0.37 per cent to close at ₦11.206 trillion.

On the other hand, Nestle topped the losers’ chart, dropping by ₦30 to close at ₦1, 450 per share.

Dangote Cement trailed with a loss of ₦1 to close at ₦185, while Flour Mills was down by 45k to close at ₦20.55 per share.

Fidson Healthcare shed 30k to close at ₦4.60, while Eterna Oil declined by 20k to close at ₦4.65 per share.

FCMB Group was the most active stock during the day, exchanging 105.27 million shares worth ₦163.35 million.

United Bank for Africa (UBA) came second with an account of 100.92 million shares valued at ₦761.91 million, while Fidson sold 38.01 million shares worth ₦174.85 million.

Access Bank exchanged 17.74 million shares valued at ₦132.16 million, while FBN Holdings traded 12.07 million shares worth ₦88.55 million.

In all, a total of 339.46 million shares valued at ₦2.24 billion were traded by investors in 2,208 deals.

This was in contrast with an exchange of 193.25 million shares worth ₦3.69 billion transacted in 2,950 deals on Thursday.

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