John Okoh, Lagos
As half year results of listed companies with some turning out unimpressive, the Nigerian Stock Exchange (NSE) key market indicators rally was sustained at the close of business on Thursday with 1.37 percent increase, bringing the year to date return to 38.59 percent.
Details of transactions show that the All Share Index (NSE ASI) closed at 37,245.17 against the previous close of 36,740.77 while Market Capitalization closed at ₦12.837 trillion against previous close of ₦12.663 trillion.
Volume traded increased by 61.87 percent from 335.340 million to 542.804 million, while the total value of stock traded increased by 72.50 percent from ₦4.643 billion to ₦8.009 billion in 5,939 deals.
The Financial Services sector led the activity chart with 437.044 million shares exchanged for ₦4.676 billion. Consumer Goods came next with 53.597 million shares traded for ₦2.499 billion, Conglomerates, Oil And Gas, Healthcare sectors followed in that order on the activity chart.
United Bank for Africa Plc, Zenith Bank Plc, Diamond Bank Plc, FBN Holding Plc, and FCMB Holding Plc were the most active stocks by volume.
Conoil Oil Plc, Champion Breweries Plc, International Breweries Plc, NEM Insurance Plc and Okomu Oil Palm Plc emerged the highest price gainers, while Cadbury Nigeria Plc, UAC Property Development Company Plc, Morison Industries Plc, Oando Oil Plc and Livestock Feeds Plc topped the losers’ chart.
In all a total of 94 companies stocks were traded, with 58 gainers and 17 losers, while 39 stocks prices remained unchanged at the close of trading on Thursday.
TOP FIVE GAINERS ON THURSDAY JULY 27, 2017
PREVIOUS PRICE CURRENT PRICE
CONOIL: 33.04 36.40
CHAMPION: 2.67 2.85
INTBREW: 30.00 31.50
NEM: 1.20 1.26
OKOMUOIL: 70.87 74.41
TOP FIVE LOSERS ON THURSDAY JULY 27, 2017
PREVIOUS PRICE CURRENT PRICE
CADBURY: 12.40 11.20
UAC-PROP: 2.93 2.77
MORISON: 1.43 1.36
OANDO: 8.40 8.00
LIVESTOCK: 0.86 0.82
