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News Update (May 20, 2016 14:10:42pm...)
NSE index up 0.33% with Zenith Bank, Access Bank, Wapic most traded


WorldStage Newsonline-- The equity market extended its two-day rally Friday as The Nigerian Stock Exchange All Share Index (NSE ASI) appreciated by 0.33% to close at 27,116.45 points.

Week-on-week, the Index appreciated by 2.55%, while Year-To-Date (YTD), it depreciated by 5.33%.

Similarly, the Market Capitalization appreciated by 0.33% to close at N9.31trn compared with the appreciation of 0.99% recorded yesterday to close at N9.28trn.

The appreciation recorded in the share prices of Lafarge Africa, FBN Holdings, Unilever, Zenith Bank and Forte Oil were mainly responsible for the gain recorded in the Index. The total value of stocks traded on the floors of The NSE today was N3.59bn, up by 31.51% from N2.73bn recorded yesterday. The total volume of stocks traded was 559.07mn in 4,902deals.

The three most actively traded stocks were: Zenith Bank (111.95mn), Access Bank (82.91mn) and Wapic (65.50mn).  The most actively traded sectors were: Financial Services (471.86mn), Conglomerates (45.26mn) and Consumer Goods (12.24mn).

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