NSE: ASI, Market Capitalisation Appreciate In Last Trading Week
The Nigerian Stock Exchange (NSE) All-Share Index (ASI) and Market Capitalization appreciated by 0.69% and 0.54% respectively to close trade between 13-17 December at 29,618.52 and N15.256 trillion respectively.
The market realised a total turnover of 2.087 billion share worth N26.470 billion in 24,262 deals traded last week on the floor of the NSE.
The Financial sector led the activity chart by volume of shares with 1.117 billion shares valued at N13.693 billion traded in 13,739 deals, as it contributed equity turnover volume of 53.51% which is valued at 51.73%.
Top Three traded Equities of the week under review are Union Diagnostic & Clinical Services Plc, Access Bank Plc and Zenith Bank Plc. as they accounted for 877.992 million volume of shares worth N8.399 billion in 5,251 deals, thereby contributing 42.06% and 31.73% to the total equity turnover volume and value respectively.
Top 5 Price Gainers
Forte Oil PLC. topped the chat as it appreciated by N3.70 after opening trade 16.90 and closed at 20.60.
Beta Glass PLC opened trade at 53.80 and closed at 63.90 with price appreciating by N10.10.
GLAXO SMITHKLINE Consumer NIG. PLC opening price was 5.30 and it closed at 6 thereby gaining N0.70 in the last trading week.
MTN Nigeria Communications PLC came fourth among the top price earners after gaining N10.60 as it opened at 116 to closed at 126.60.
C And I Leasing PLC. Followed closely after gaining N0.60, as it opened trade at 6.75 and closed at 7.35 to cap the top 5 list.
Top 5 Price Decliners
Consolidated Hallmark Insurance PLC tops the loser chart after opening trade at 0.42 and closed at 0.36 as the trade ended up in a N-0.06 loss.
NEM Insurance PLC opened trade at 2.27 to close its activities last week at 1.96, thereby its price depreciated by N-0.31.
BUA Cement PLC opened trade at 41 and closed at 36 as its price depreciated by N -5.
Tourist Company Of Nigeria PLC followed the chart after it opened market at 3.50 and closed at 3.15, thereby loosing N-0.35.
B.O.C. Gases Plc. Lost N0.55 in the last trading week as it opened market at 5.50 to close at 4.95.
Meanwhile, the Chief Executive Officer of the NSE, Oscar N. Onyema has expressed optimism in the growth of the capital market as he forecasts a positive outlook for the capital market in 2020.