NSE: Shares turnover dips by 51%

Turnover of shares traded on the Nigerian Stock Exchange (NSE) dropped by 235.6 million shares on Friday as investors exchanged 228.6 million shares worth N2.1 billion in 4,193 deals.

This was against the 464.23 million shares valued at N3.7 billion traded in 4,879 deals on Thursday.

The All-Share Index, however, appreciated by 22.03 points or 0.08 per cent to close at 27,685.54 from the 27,663.51 recorded on Thursday.

Similarly, the market capitalisation, which opened at N8.839 trillion, rose by N7 billion or 0.08 per cent to close at N8.846 trillion.

Guinness topped the price gainers’ chart with a gain of N5 to close at N265 per share.

Nigerian Breweries trailed with N3 to close at N165 per share, while Oando gained 66k to close at N14.03 per share.

Zenith Bank appreciated by 41k to close at N17.97per share, while Cadbury grew by 24k to close at N29 per share.

Nestle recorded a loss of N5 to close at N71, while PZ Cussons shed N1.95 to close at N27.05 per share.

GTBank dipped by 40k to close at N21.50 per share, while UBA depreciated by 31k to close at N4.55 per share.