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NSE Index Grows By 1.13%

Submitted by LEADERSHIP EDITORS on March 19, 2012 - 9:18pm

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Weekly transactions on the Nigerian Stock Exchange (NSE) opened for the week on impressive note on Monday as the major equities recorded huge price appreciation.

The All-Share Index, which opened at 20,824.25, appreciated by 235.96 points or 1.13 per cent to close at 21.060.21.

Also, the market capitalisation grew by N75 billion or 1.14 per cent to close at N6.646 trillion against the N6.571 trillion recorded on Friday.

Dangote Cement led the price gainers’ chart with N3.17 to close at N114.50 per share.

Nigerian Breweries trailed with N3 to close at N98 per share, while Flourmill rose by N1.51 to close at N58 per share.

UACN appreciated by N1.45 to close at N30.45 per share, while NCR rose by 59k to close at N12.42 per share.

On the other hand, NewGold ETF topped the losers’ chart, losing N51 to close at N2, 550 per unit.

Guinness followed with a loss of N5.94 to close at N233.06 per share, while Chevron dropped N2.06 to close at N3.17 per share.

International Breweries depreciated by 28k to close at N5.75 while UBN lost 22k to close at N4.26 per share.

In all, a total of 207.9 million shares worth N4.1billion were exchanged in 3,499 deals on Monday against the 414.1million shares valued at N2.9 billion traded in 3,209 deals on Friday.

 

 

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