TheNigerianVoice Online Radio Center

Dangote Cement on gainers' table as market index rises by 0.19%

By The Citizen

Dangote Cement was among 29 companies that made it to the gainers' table as trading resumed after the public holidays at the Nigerian Stock Exchange (NSE).

The Cement giant gained 194 kobo, trailing Oando which appreciated by 247 kobo.

Stanbic IBTC nicked 145 kobo and Nigerian Breweries added 105 kobo.

On the losers' chat, Seplat Petroleum Development Company led with a loss of 504 kobo; followed by Forte Oil which dropped by 500 kobo with Total Nigeria shedding 445 kobo.

GlaxoSmithKline Consumer depreciated by 289 kobo, while Chemical and Allied Company lost 200 kobo, amongst others.

Equities capitalisation gained N27.463 billion to close at N13.990 trillion as against N13.962 trillion recorded at the close of trading last week, while the All-Share Index gained 83.17 basis points or 0.19 per cent to close at 42,368.99 points.

Investors bought and sold a total of 713.642 million shares valued at N6.727 billion in 5,829 transactions. The financial service sector was the most active sector as stockbrokers crossed a total of 585.782 million shares valued at N4.034 billion in 2,565 deals.




Nothing good comes so easy.
By: Chinua Achebe