Stock market report: Access high in demand

Stock market report: Access high in demand
May 19
18:01 2014

Transactions on the trading floor of the Nigerian Stock Exchange (NSE) Monday ended with Access as the most-traded equity trading 36,191,919 shares worth N343,960,067.88.

Figures from the floor show that Market Capitalisation, which opened at N12,853 trillion, closed at N12,848 trillion, dropping by N5 billion.

The All-Share Index also dropped 14.60 basis points to close at 39,007.40, against 39,022 achieved on Friday.

Nigerian Breweries topped the gainers’ chart, adding N1.45 to close at N164.50 per share.


Guinness and Flour Mill shared second spot, as they both added N1.00 to close at N181.00 and N69.00, respectively, while Nestle gained N0.99 to close at N1,0768.00 per share.

Meanwhile, Nascon topped the losers’ chart, losing N0.65 to close at N12.90 per share.

It was followed by FBNH, which lost N0.27 to close at N12.90, while MRS lost N0.23 to close at N51.49 per share.


In all, investors traded 206,692,358 shares worth N2,732,839,071.09, transacted in 4,406 deals against the 443,222,792 shares valued at N3,762,513,159.00 billion, and traded in 4,571 deals on Friday.


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