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Business > Capital Market
NSE index gain 0.19%, as NEM, Unilever, CI Leasing top gainers
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By Desola Akindele
September 13, 2017 11:28:56am GMT      |      Views: 511
Nigerian Stock Exchange

WorldStage Newsonline-- Trading activities on the Nigerian Stock Exchange rebounded from a three-day negative trend, as the All Share Index gained 0.19 per cent today.

The ASI added 66.82 points to close at 35,464.34 points while the market capitalisation increased by N23 billion to close at N12.224 trillion. 

Leading the day’s gainers were NEM Insurance and Unilever which improved by 4.76 percent each to close at N1.10 and N44 respectively. They were followed by CI Leasing which grew by 4.55 per cent to close at N1.15 while AIICO insurance added 3.64 per cent to close at 57 kobo. Nestle also made it to the top five gainers list with a growth of 3.46 per cent to close at N1,190 per share.

On the other hand Presco led the day’s 21 decliners with a depreciation of 4.99 per cent, Oando fell 4.89 per cent to close at N6.42 per share, Eterna dropped 4.74 per cent to close at N3.42, while May & Baker and Jaiz Bank fell 4.29 per cent each to close at N2.90 per share and 67kobo per share

The total volume of shares traded by investors in 3015 deals declined by 68 per cent to 119.9 million units as against 373.5 million shares sold the previous session in 4,193 deals.

The value of shares also declined by 70 percent to N1.745 billion compared to the total value of N5.766 billion traded on Tuesday

Access Bank emerged the most traded stock with 13.9 million units sold at N134.7 million, Zenith Bank was next with the sale of 12.2 million units of shares valued at N281.2 million. Fidelity Bank was third with the sale of 11.4 million shares worth N14.8 million, FBN Holdings sold 10.03 million shares at N59.1 million while Oando emerged the fifth most traded stock with the sale of 5.9 million shares worth N38 million.

The day's performance consequently inched the year to date returns to 31.96%

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