Skip to main content

Nigerian Stock market extends weekly gains by N390bn

The Nigerian equity market extended its weekly gains by N390bn last week.

The Nigerian Stock Exchange All-Share Index and market capitalisation appreciated by 2.92 per cent to close the week at 26,319.34 basis points and N13.76tn respectively.

All other indices finished higher with the exception of NSE ASeM Index, which closed flat.

A total turnover of 1.57 billion shares worth N20.56bn in 18,396 deals were traded last week by investors on the floor of the Exchange, compared with 1.14 billion shares valued at N12.69bn that exchanged hands the previous week in 17,109 deals.

The financial services industry (measured by volume) led the activity chart with 1.18 billion shares valued at N9.18bn traded in 9,900 deals, thus contributing 75.14 per cent and 44.65 per cent to the total equity turnover volume and value respectively.

The consumer goods industry followed with 90 million shares worth N1.68bn in 2,715 deals.

The third place was occupied by the ICT industry, with a turnover of 84.67 million shares worth N5.79bn in 771 deals.

Trading in the top three equities, namely Sterling Bank, FBN Holdings Plc and Zenith Bank Plc, (measured by volume) accounted for 612.80 million shares worth N4.31bn in 3,739 deals.
They contributed 39.10 per cent and 20.97 per cent to the total equity turnover volume and value respectively.

Thirty-five equities appreciated in price during the week, compared with 32 in the previous week; 28 equities depreciated in price, compared with 31 in the previous week, while 100 equities remained unchanged, same as in the previous week.
A total of 119,603 units valued at N1.23m were traded last week in 16 deals, compared with a total of 143,690 units valued at N1.25bn transacted the previous week in 19 deals.

A total of 467 units valued at N564.073.49 were traded last week in five deals, compared with a total of 18,803 units valued at N19.58m transacted the previous week in 8 deals.
R.T. Briscoe Nigeria Plc, one of the six listed companies that were suspended on September 1, 2020, filed its outstanding financial statements with the Exchange last week.

In view of the company’s submission of its outstanding financial statements, dealing members were notified that the suspension placed on trading on the shares was lifted on September 25.

Comments

Post a Comment

Popular posts from this blog

Vulvar Care Tips

Vulva Care Maintaining a healthy vulva and vagina will help prevent infections and discomfort. Unusual changes in vaginal discharge is a sign that there might be an issue. Why is vulvar and vagina care important? Many women experience uncomfortable, vaginal infections (vaginitis) at one time or another. The area around the entrance to the vagina (vulva) can also become irritated. Steps can be taken to relieve and prevent vulvar discomfort and vaginal infections. Not all vaginal infections are alike and home treatments can worsen some types. If you have any concerns about your vulvar or vaginal health, or notice unusual changes in vaginal discharge, contact your healthcare provider if the problem persists. What is the vulva? The vulva is the area of female sex organs that lies outside of the vagina. These organs include folds of sensitive tissue called the labia (labia means "lips"). The labia has two parts. The outermost folds are called the labia majora. A secon...
Post a Comment
Read more

FRSC reinforces directive on use of google maps while driving

The Federal Road Safety Corps (FRSC) has clarified its position on the use of Google Maps, The FCT Sector Commander of the Federal Road Safety Corps (FRSC), Ayuba Gora was quoted saying that driving with the aid of Google map using mobile phones is a serious traffic offence. Gora said this at the inauguration of the 2019 Ember Months Campaign by Lugbe Unit Command of the FRSC in Abuja yesterday. But, FRSC Spokesman Bisi Kazeem making reference to Gora’s comments said the Sector Commander was quoted out of context and his statement outrightly misrepresented. Kazeem said the FRSC as a technology-driven organisation is not and has never stood against the use of Google Maps by Motorists. The statement read: “To state the obvious, we have always enlightened the public on the position of the law on the use of phone while driving. “The statement he made during the flag off buttresses the position of the Corps, which is that any driver who intends to deploy the use of Google Map...
Post a Comment
Read more

Eddie Murphy Expected To Star In "Coming To America" Sequel

The long-awaited sequel may finally be happening. Coming To America remains one of actor/comedian Eddie Murphy's most accomplished movies. Generally well-regarded by critics and a lifetime box office gross of nearly $289 million, it balanced Murphy's desire to launch himself into the role of romantic leading man while still maintaining a broad audience appeal. Now, according to The Hollywood Reporter, fans who have been waiting for a sequel to the hit film may not have to hold out too much longer. Jonathan Levine, who has directed movies like Warm Bodies and 50/50 is teaming with Black-ish creator Kenya Barris to inject some new life into the sequel hopes for Coming to America 2. Levine will be taking the reigns behind the camera while Barris ia on board to rewrite the script. Paramount has had an on again-off again relationship with this franchise follow-up, but earlier this spring the studio had officially given the project the green light, with original screenwriters ...
Post a Comment
Read more