Imported User:
Activities on the floor of the Nigerian Stock Exchange yesterday opened the week on the upbeat trend as most blue chip stocks recorded appreciable gains.
Consequently, UTC led by five per cent to close at 84 kobo, UBN followed with a gain of 4.92 per cent to close at N5.12 while Evans Medical added 4.76 per cent to close at N1.10.
On the other hand, Enterna Oil led the losers with a loss of 4.85 per cent to close at N2.55 while Custodian Insurance followed with a loss of 4.65 per cent to close at N1.23.
At the close of trading, the NSE All-Share Index inched up by 0.14 per cent or 34.53 basis points to close at 23,273.56 as against 23,239.03 recorded in the previous session.
Consequently, market capitalisation appreciated by N11 billion or 0.14 per cent to close at N7.407 trillion as against N7.396 trillion recorded in previous session as the bulls continue to suppress the bears.
The banking sub sector of the financial Services sector led the market transaction volume with 142.1 million units valued at N1.2 billion exchanged in 1,847 deals.
The volume recorded in the sector was driven by transaction in the shares of First Bank Plc and Zenith Bank Plc.
Insurance sub sector also of the financial sector activated by the shares of Law Union and Rock Insurance followed with a turnover of 10.7 million shares valued at N6.6 million in 97 deals.
On the whole, investors staked a turnover of 207.7 million shares worth N1.6 billion in 3,306 transactions.
