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Home Companies and Markets

Zenith, GT Bank others lead ASI gain

metro by metro
December 1, 2016
in Companies and Markets
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Zenith Bank, GT Bank and Access Bank were responsible for the marginal gain of 0.03% to close at 25,241.63 points recorded in the NSE ASI today.
The equity market inched up today after five consecutive days of losses.
According to the metrobusinessnews.com analysis, the gain was as a result of appreciation recorded in the share prices of Mobil, Nigerian Breweries, Zenith Bank, GT Bank and Access Bank.
However, the Year-to-Date (YTD) showed Index depreciation by 11.87%. Similarly, the Market Capitalization appreciated marginally by 0.03% to close at N8.689trn, compared with the depreciation of 0.34%recorded yesterday to close at N8.686trn.
The total value of stocks traded on the floors of The NSE today was N3.42bn, up by 101.60% from N1.70bn recorded yesterday.
The total volume of stocks traded was 414.15mn in 2,567 deals. The three most actively traded stocks were: Wema Bank (199.26mn), Access Bank (59.05mn) and Stanbic IBTC (25.86mn). The most actively traded sectors were: Financial Services (392.87mn), Consumer Goods (11.53mn) and, Oil and Gas (2.89mn).

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