By Oladimeji Abidoye
LAGOS, SEPTEMBER 22, 2016 – Trading at the Nigerian Stock exchange on Wednesday recorded a slight gain for investors with all share index recording 28,214.57 points compared to 28,209.93 points recorded on Tuesday.
G & B reports that Market indicators increased by 0.02% while Market capitalisation increased slightly to N9.69 trillion compared to N9.60 trillion recorded on Tuesday.
The volume of share traded closed higher with an exchange of 3.09 billion shares valued at N6.9 billion transacted in 2,815 deals.
This performance contrasted with 231 million shares valued at N2.5 billion transacted in 3,452 deals on Tuesday.
Top 5 traders includes GNI, Zenith bank, UBA, GT Bank, and FCMB in that order, with GNI concluding with a volume of 2.9 billion shares worth N3.2 billion.
Zenith bank transacted a total volume of 51.2 million shares worth N7526.6 million while UBA recorded a volume of 23.5 million shares worth N101.3 million while GT Bank followed with 21.4 million share worth N577.2 million while FCMB had a volume of 20.9 million shares worth N20.8 million to complete the top 5 traders.
CONOIL proceeded to the top of the gainers table with a gain of N3.91 to close at 42.6 per share while MRS Oil Nigeria Ltd recorded the second gainers of the day with a upward gain of N1.42 to close at N39.9 per share.
TOTAL came third in the gainers table with an increase of N1 to close at N270 while PZL recorded an increase of N0.9 to close at N18.97. CADBURY recorded a gain of N0.55 to close at N14.75 to complete the top 5 gainers.
Guinness Nigeria Plc which posted an annual loss of N2 billion on Tuesday, its worst figure in 30 years topped the chart in the losers table with N7 loss to close at N93 per share while Nigerian Breweries came second to decrease by N1.31 to close at N142.04 per share.
Julius Berger had a decline figure of 0.44 to close at N39 per share while E-Tranzact International Plc recorded a decrease of N0.3 to close at N5.7 per share.
GT Bank completed the top 5 losers with a loss of N0.23 to close at N26.77 per share.
