Zenith Bank Plc, GTBank Plc,Access Bank,FBN Holdings and Guiness Plc were the leaders responsible for gain recorded in the Nigerian Stock Exchange (NSE) All Share Index (ASI) through their share prices today.
Analysts at FSDH group report that the appreciation recorded in their share prices were mainly responsible for the gain recorded in the NSE ASI today following three days of successive losses.
“The equity market appreciated today to close the week, following three days of successive losses. The Nigerian Stock Exchange All Share Index (NSE ASI) appreciated by 0.15% to close at 26,251.39 points.
“The appreciation recorded in the share prices of Guinness, GT Bank, Zenith Bank, Access Bank and FBN Holdings were mainly responsible for the gain recorded in the NSE ASI today. Week-on-week, the Index depreciated by 2.32%. Similarly, the Market Capitalization appreciated by 0.15% to close at N9.03trn, compared with the depreciation of 1.07% recorded yesterday to close at N9.02trn.” analysts say.
The total value of stocks traded on the floors of The NSE today was N1.51bn, up by 68.10% from N898.71mn recorded yesterday. The total volume of stocks traded was 210.20mn in 2,659 deals. The three most actively traded stocks were: Oando (51.13mn), FCMB (35.87mn) and Zenith Bank (20.81mn). The most actively traded sectors were: Financial Services (131.98mn), Oil and Gas (52.34mn), and ICT (10.77mn).
