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Nairaland Forum / Nairaland / General / Business / NSE Market Indices Appreciate By 0.68% (2518 Views)
NSE: Market Indices Up By 0.34% / NSE: Market Capitalisation Up N88bn / NSE Market Capitalisation Rises By N29bn (2) (3) (4)
|NSE Market Indices Appreciate By 0.68% by Nkemakonam62: 5:53am On Mar 30, 2019|
Weekly transactions on the Nigerian Stock Exchange (NSE) closed on Friday with the market indicators appreciating marginally by 0.68 per cent.
The All-Share Index, which opened at 30,833.50 on Friday, rose by 207.92 points or 0.68 per cent to close at 31,041.42.
Similarly, the market capitalisation inched by N79 billion or 0.68 per cent to close at N11.672 trillion from the N11.593 trillion posted on Thursday.
Nestle led the price gainers with a gain of N82.1 to close at N1,580 per share.
Spelat followed with a gain of N50 to close at N590, while Mobil Oil rose by N8 to close at N178 per share.
Dangote Cement appreciated by N1 to close at N191, while CCNN rose by 0.9k to close at N19.9 per share.
Conversely, Pressco topped the price losers, dropping N5.25 to close at N62.75 per share.
Cadbury trailed with a loss of 0.9k to close at N10, while Guaranty Trust Bank was down by 0.85k to close at N36.05 per share.
Wapco dipped by 0.75K to close at N12.2, while Dangote Flour declined by 0.3k to close at N10.2 per share.
Fidelity Bank was the most active stock, trading 58.19 million shares worth N126.34 million.
Chams followed 40.89 million shares valued at N8.18 million, while UBA traded 36.30 million shares worth N280.34 million.
Zenith Bank sold 25.75 million shares valued at N562.74 million, while FCMB transacted 15.92 million shares worth N30.82 million.
In all, investors exchanged 266.86 million shares valued at N3.15 billion in 3,455 deals.
This was in contrast to the 1.92 billion shares valued at N2.80 billion traded in 2,807 deals on Thursday.
|Re: NSE Market Indices Appreciate By 0.68% by Yankee101: 6:06am On Mar 30, 2019|
After falling by how much? Is it net gain or fall?
|Re: NSE Market Indices Appreciate By 0.68% by OyiboOyibo(m): 6:07am On Mar 30, 2019|
|Re: NSE Market Indices Appreciate By 0.68% by deji17: 6:13am On Mar 30, 2019|
|Re: NSE Market Indices Appreciate By 0.68% by Tinubu2023: 6:15am On Mar 30, 2019|
Buhari will surely make Nigeria better.
Jagaban will continue from where Buhari stop in 2023
|Re: NSE Market Indices Appreciate By 0.68% by Nobody: 6:15am On Mar 30, 2019|
Do you forbid good news in your family?
12 Likes 1 Share
|Re: NSE Market Indices Appreciate By 0.68% by EntreSalary: 6:30am On Mar 30, 2019|
Good but not enough
|Re: NSE Market Indices Appreciate By 0.68% by Yankee101: 6:46am On Mar 30, 2019|
The NSE is still one of the worst performing in the world.
When you see a piece of news that tries to whitewash the failures in order to deceive people you call it out.
1 Like 1 Share
|Re: NSE Market Indices Appreciate By 0.68% by Timekeeper: 6:56am On Mar 30, 2019|
Yorubas at work.. We are making this nation regain the trust Igbo wasted
|Re: NSE Market Indices Appreciate By 0.68% by grandstar(m): 7:29am On Mar 30, 2019|
It is shocking that stock market cap is about $32b in all. It's not even up to 10% of GDP.
Amazon can buy up the entire stocks with 5% of it's market value.
A booming stock market will not only boost the economy but bring in much needed foreign exchange.
The state of the capital market presently is an indication of the quality of the economic direction of the country over the past few years. Nothing to write home about.
|Re: NSE Market Indices Appreciate By 0.68% by hisexcellency34: 7:32am On Mar 30, 2019|
Nigeria stock market is the worst in the world. It doesn't react to positive or negative news
|Re: NSE Market Indices Appreciate By 0.68% by Madeu(m): 10:19am On Mar 30, 2019|
grandstar:Actually the indication of the quality of people over the past few years. Nigerian graduates are not building companies after some time it can be listed in the stock exchange.
That has stagnated our economic growth. Just look around you - a girl graduate from University she goes into make-up and tailoring business, the boys into blogging, Yahoo or church business. With these, there will always be a decline in our economic outlook.
|Re: NSE Market Indices Appreciate By 0.68% by grandstar(m): 11:36am On Mar 30, 2019|
Thanks but your reply is far off from the answer
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