Stock Market returns bullish

YTD returns stand at 31.6%

Ayotunde Johnston | Wednesday, 04 October 2017 4:25pm | markets

source: Nestle

ALL SHARE INDEX

35,358.57

DEALS

3,599.00

VOLUME

174,068,848.00

VALUE

2,720,027,835.57

MARKET CAPITALIZATION

N12.171 trillion

The equities market closed today on a positive note as the All Share Index increased by 0.15% to close at points 35,358.57 compared to Tuesday’s closing rate of at 35,306.09 points.

Additionally, market capitalization increased by N219 million to close at N12.171 trillion. Its Year-to-Date (YTD) returns currently stands at 31.6%

Today’s trading top gainers list was led by Nestle Nigeria Plc which gained N5.02 to close at N1220.02 per share. Total Nigeria Plc followed, gaining N4.5 to close at N239.5 per share while International Breweries Plc gained N1 to close at N38 per share.

Nascon Allied Industries Plc gained N0.6 to close at N12.62 per share, while Stanbic IBTC Holdings Plc gained N0.49 to close at N40.5 per share.

MRS Oil Nigeria Plc recorded the highest price loss to lead the losers table, dropping by N1.59 to close at N30.39 per share. Dangote Sugar Refinery Plc followed as it dropped N0.46 to close at N13.47per share, while Nigerian Breweries Plc dropped N0.4 to close at N161.6 per share.

FBN Holdings Plc dropped by N0.16 to close at N5.61 per share, while Custodian and Allied Plc dropped by N0.1 to close at N3.5 per share.

The uncertainty surrounding the stock market are starting to clear and with no major policy changes, the rally in the stock market can be attributed to this.

GAINERS

COMPANIES

YESTERDAY’S CLOSING PRICE

CLOSING PRICE

CHANGE

NESTLE

N1215

N1220.02

N5.02

TOTAL

N235

N239.5

N4.5

INTBREW

N37

N38

N1

NASCON

N12.02

N12.62

N0.6

STANBIC

N40.01

N40.5

N0.49

DECLINERS

COMPANIES

YESTERDAY’S CLOSING PRICE

CLOSING PRICE

CHANGE

MRS

N31.98

N30.39

-N1.59

DANGSUGAR

N13.93

N13.47

-N0.46

NB

N162

N161.6

-N0.4

FBNH

N5.77

N5.61

-N0.16

CUSTODYINS

N3.6

N3.5

-N0.1


Comments