NSE MARKET CAPITALISATION INCREASES BY N208BN
source : http://www.eyesoflagos.com/2017/08/nse-market-capitalisation-increases-by.html

Transactions sustained positive trend on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation growing by N208 billion amid gains by cement, banking and consumer goods stocks.
The News Agency of Nigeria (NAN) reports that the market capitalisation which opened trading with N12.52 trillion rose by N208 billion or 1.66 per cent to close at N12.73 trillion.
Similarly, the All-Share Index inched 603.98 points or 1.66 per cent to close higher at 36,920.56 points compared with 36,316.58 points achieved on Thursday.
Dangote Cement grew by N5.20 to close at N225 per share, and led the gainers’ table for the day.
Guaranty Trust Bank followed with a gain of N2.40 to close at N39.50 per share and Stanbic IBTC appreciated by N1.85 to close at N38.85 per share.
Zenith International Bank added N1.52 to close at N24.53 per share, while PZ Industries increased by N1.28 to close at N26.93 per share.
Market watchers attributed the development to investors’ repositioning ahead of release of Access Bank and United Bank for Africa (UBA) 2017 half year results.
They said that the repositioning sustained the volatility witnessed in the market in the last couple of days.
Conversely, Okomu Oil Palm recorded the highest loss at the trading, dropping by N3.63 to close at N69.09 per share.
Nigerian Breweries trailed with a loss of N2.98 to close at N181.07 and Cadbury was down by 63k to close at N12.07 per share.
UACN declined by 60k to close at N16 per share, and CCNN lost 45k to close at N9.22 per share.
Also, the volume of shares traded closed higher as investors traded a total of 236.62 million shares valued at N4.81 billion in 3,803 deals.
This was in contrast with a turnover of 225.14 million shares worth N5.48 billion traded in 5,110 deals on Thursday.
Zenith International Bank was most active, trading 61.85 million shares valued at N1.47 billion.
UBA followed with an account of 40.41 million shares worth N380.68 million and GT Bank traded 32.51 million shares valued at N1.26 billion.
Fidelity Bank sold 12.38 million shares worth N16.04 million, while FBN Holdings exchanged 11.74 million shares valued N70.10 million. (NAN)

Which kain tin b dis? Abeg make una talk beta jor

Y'all be careful with NSE!
they keep transactions manual for a reason.
THEY CAN CRASH IT EASILY like they did in 2008.
bewise...NSE is very risky!

Children of hate and anger, over to you.

Some months back when the NSE was reporting capital flight, it was celebration galore for you lot. Now that it's been recording positive trend, what do you say? Propaganda? Fake news? Doctored report?

Waiting.....

That's a good one, Buhari is really working

Ponzi

Na today?

PassingShot:
Children of hate and anger, over to you.

Some months back when the NOSE was reporting capital flight, it was celebration galore for you lot. Now that it's been recording positive trend, what do you say? Propaganda? Fake news? Doctored report?

Waiting.....

Nose?

Do u understand what you read at all? You know what capital flight is?

jollyincome.com

ItachiUchiha:


Nose?

Do u understand what you read at all? You know what capital flight is?

that guy is a dunce and sycophant, don't expect anything meaningful from him.

God help us

RealityShot:
Y'all be careful with NSE!

they keep transactions manual for a reason.

THEY CAN CRASH IT EASILY like they did in 2008.

bewise...NSE is very risky!

Thats very true. If you don't have an insider information.

You will just be OYO

NSE is a scam!. It is 419!. It is only those manipulating it thru insider trading & other unfair practices that gain frm it. U will lose ur money, big time. Ask me. BEWARE fellow citizens.

On a more serious note, please does anybody know how to start off trade in the Nigerian Stock Exchange, all we ever hear or see are reports of the daily transactions but we don't even know the people who make these transactions and how they get made or with how much they get made. Anybody with pertinent information that can result in third parties or regular individuals becoming potential stock traders should kindly help us out. Thanks.

datribune:
NSE is a scam!. It is 419!. It is only those manipulating it thru insider trading & other unfair practices that gain frm it. U will lose ur money, big time. Ask me. BEWARE fellow citizens.

AGREED.
They want people leave MM.. And do stocks ... Whats the difference?

you have zero control in both!

RealityShot:

AGREED.
They want people leave MM.. And do stocks ... Whats the difference?

you have zero control in both!

Na so o, my brother.
NIGERIAN stock exchange = MMM = PONZI SCHEME