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Stock market opens 2015 on negative territory

Stock market opens 2015 on negative territory
January 05
18:38 2015
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The first trading session on the Nigeria Stock Exchange (NSE) in 2015 ended on the negative territory on Monday, as stock market investors continue to weigh the available investment options.

Findings by TheCable showed that at the close of the market on Monday, the NSE All-share Index (ASI) declined by 713.86 basis points or 2.06 per cent, to close at 33,943.29 basis points. Similarly, the market capitalisation of the NSE depreciated by N240 billion to close at N11.237 trillion.

A breakdown of activities showed that Total Nigeria led on the gainers’ chart with N6.5 to close at N149 per share. It was closely followed by Oando Plc, which appreciated by N1.39 to close at N17.5. While Stanbic IBTC gained N1 to close at N28, Unilever and WAPCO appreciated by 68 kobo and 5 kobo to close at N36.48 and N81, respectively.

On the other hand, Seplat topped the losers’ chart as it fell by N19.51 to close at N351.50, Nestle shed N16.15 to close at N995.6, Dangote Cement lost N10 to close at N190, Julius Berger slipped by N3.03 to close at N57.63 and Guinness shed N2.85 to close at N165.30.

ETI became the most traded stock with 97,392 million shares valued at N1.801 billion and Guaranty Trust Bank followed with 49,547 million shares valued at N1.240 billion.

The NSE had closed 2014 (on December 31, 2014) with ASI at 34,684.32 basis point and the market capitalisation at N11.477 trillion.

 

 

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Copyright 2018 TheCable. Permission to use quotations from this article is granted subject to appropriate credit being given to www.thecable.ng as the source.
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Exchange Rates

Feb 16, 2018USDGBPEUR
INTERBANK360.45487.18428.32
LAGOS364497448
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PH363498435
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