Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

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The Nigerian Stock Exchange (NSE) ended the week on a positive note on Friday as market capitalisation  which opened at N12.823 trillion, increased  by N24 billion or 0.19 per cent to close at N12.847 trillion.

  Also, the All-Share Index was up by 68.74 points or 0.19 per cent to close at 37,120.28 from 37,051.54 recorded on Thursday.

 At the end of the day’s transactions, Forte Oil recorded the highest price gain to lead the price gainers’ table with N2.10 to close at N44.10 per share.

Cadbury followed with a gain of N1.14 to close at N12.34, while International Breweries inched up by N1.01 to close at N50 per share.

Also, Nigerian Breweries gained 90k to close at N143.90, while GTBank recorded 50k to close at N43 per share.

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On the flip side, Cement Company of Northern Nigeria topped the price losers’ table with a loss of 43k to close at N9.27 per share, followed by Fidson Healthcare with a loss of 18k to close at N3.76, while Access Bank was dropped  by 12k to close at N9.91 per share.

Champion Breweries dipped by 11k to close at N2.09, while Zenith international Bank shed 10k to close at N25 per share.

 A  total of 175.28 million shares valued at N2.65 billion were exchanged by investors in 3,235 deals, compared with 175.75 million shares worthN3.52 billion transacted in 3,357 deals on Thursday.

The banking equities were the most active with Zenith Bank trading 32.95 million shares worth N824.22 million while FBN Holdings followed with 23.99 million shares valued at N172.73 million, Fidelity Bank sold 16.66 million shares worth N27.64 million.
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