Tuesday, 10 September 2013

Nigerian Stock Exchange Market Indices Dip Further By 0.69%

 Transactions on the Nigerian Stock Exchange (NSE) on Tuesday continued on the  downward trend as some blue chips recorded further price losses.

The News Agency of Nigeria (NAN) reports that due to the price losses, the All- Share Index depreciated by 254.47 points or 0.69 per cent to close at 36,113.12 from the 36,367.59 recorded on Monday.

Similarly, market capitalisation, which opened at N11.579 trillion, declined by N81 billion or 0.69 per cent to close at N11.498 trillion.

 Mobil led the price losers’ chart by N6 to close at N106 per share.
GlaxoSmithKline came second with N3.20 to close at N64 per share, while PZ Cussons lost N2.50 to close at N39 per share.

Guinness depreciated by N2.28 to close at N245.01 per share, while Dangote Cement dipped by N1.50 to close at N191.50 per share.

On the other hand, Jos International Breweries topped the price gainers’ chart by 51k to close at N5.66 per share.

Redstarex followed by 32k to close at N4.23 per share, while Cutix grew by 18k to close at N2 per share.

Vono appreciated by 15k to close at N1.67 per share, while Learn Africa share price rose by 13k to close at N1.78

In all,  investors exchanged 196.43 million shares worth N1.6 billion in 4,897 deals.

This was in contrast to the 176.57 million shares valued at N3.8 billion exchanged in 4,503 deals on Monday.

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