TRADING on the Nigerian
Stock Exchange remained upbeat
Wednesday as lead market indices
increased by 0.07 percent.
Specifically, the NSE All Share
Index (ASI) that closed the day at
25,301.23 points, was strengthened
by 16.67 points while market
capitalization grew by N5.7 billion
to close at N8.756 trillion.
Investors consequently staked
N2.2 billion on 233.8 million units
of shares traded in 3,196 deals
as against 227.8 million units of
shares valued at N928.5 million
traded by investors in 2,543 deals
on Tuesday.
Topmost at the gainers table
was Africa Prudential Registrars
which rose 8.12 percent to close
at N2.53 per share, Continental
Reinsurance was next with a
growth of 8.11 percent to close
at N1.20 per share, Honeywell
Flour Mills also added 5 percent
to close at N1.05 per share.
Unilever increased 4.95 percent
to close at N33.90 and United
Capital closed 4.83 percent
higher to close at N2.82 per
Nigerian Aviation Handling
Company topped the
yesterday’s losers with a loss
of 4.76 percent to close at N2
per share, Neimeth followed
having shed 4.48 percent to close
at 64 kobo per share, Forte Oil
was next with a decline of 4.38
percent to close at N47.81 per
share, Ashaka Cement dropped
3.47 percent to close at N10 per
share, while Transcorp lost 2.70
percent to close at 72 kobo per
Top traded stocks for the day
were Diamond Bank with N95.7
million shares worth N82.4
million, FBN Holdings was next
with 42 million shares valued
at N131.5 million while Fidelity
Bank emerged the third most
traded stock with 19.1 million
units of shares worth N15.9
United Capital and UBA also
made it to the top five traded
stocks for the day, having traded
11.2 million and 10.5 million
units of shares each, worth
N31.2 million and N54.5 million

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