Nestle, Seplat, Guinness record gains in Lagos

Nestle, Seplat, Guinness record gains in Lagos

Monday, December 29, 2014 9:13 pm


Equity transactions on the Nigerian Stock Exchange (NSE) reopened after the Christmas holiday on Monday on the upbeat as the All-Share Index improved by 235.1 points.

The Bulls sustained marginal dominance at today’s session with NSE All-share benchmark index appreciating 0.68% to return 34,663.92.

At closing bell, 37 stocks advanced relative to 62 decliners while 41 remained unchanged. Market activity level increased in relative to previous session figures traded as 620million units of shares valued at N4.676bn represents 6% and 31% improvement respectively.

Top in the positive territory are Seplat(N355.12), Champion(N6.49) and Caverton(N3.30) while Conoil(N40.11), Livestock(N2.28) and MRS(N53.20) led the decliners’ list.

The market capitalisation, which opened at N11.402 trillion, grew by N77 billion or 0.68 per cent to close at N11.479 trillion.

Nestle topped the gainers’ table with N64.78 to close at N995 per share.

Seplat followed with a gain of N33.01 to close at N355.12, while Forte Oil gained N13.25 to close at N227.25 per share.

Guinness appreciated by N7.58 to close at N159.45, while Unilever rose by N1.6 to close at N34.1 per share.

Conversely, Conoil led the losers’ chart by N4.33 to close at N40.11 per share.

Dangote Cement trailed with a loss of N2.86 to close at N193.79, while MRS Oil lost N2.8 to close at N53.2 per share.

Oando Oil depreciated by 97k to close at N19, while Flour Mill declined by 61k to close at N39.4 per share.

NAN reports that a total volume of 620.152 million shares worth N4.676 billion were traded in 4,606 deals.

The volume represented 6.57 per cent increase over the 581.902 million shares valued at N3, 448 billion traded in 3,448 deals on Wednesday.

Roalex emerged the most traded stock with 231.79 million shares worth N118.21 million.

It was followed by UTC with 75.55 million shares valued at N37.77 million, while Zenith Bank traded 52.82 million shares worth N1.05 billion.

FBN Holdings exchanged 37.57 million shares valued N343.25 million, while FCMB accounted for 33.11 million shares worth N92.79 million.


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