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PRICELIST OF EQUITIES – Tuesday, May 24th, 2016

24
May

 

The Equities market closed on a positive note as the NSE ASI appreciated by 0.80% to close at 27,231.50 basis points, compared with the 0.37% loss recorded previously.
Today’s gain was motivated by some high capitalized stocks such as DANGCEM, NB and GUARANTY amongst others.

Market breadth was positive as 25 gainers led by VITAFOAM (+6.98%) over 18 losers led by LEARNAFRICA (-9.41%) was recorded on the chart today.

Volume traded was 2.74 million shares, valued at N1.54 billion with a market capitalisation of N9.35 trillion and traded in 4,160 deals. The highest traded Equities in  volume and value was FBNH ( 81,822,530 ) and ( N311,242,183.08 ) respectively.

Four out of the five key Sectoral indices appreciated. While the Consumer Goods index topped  the list with a 0.76% gain, the Banking and the Industrial Goods  indices followed suit with 0.73% and 0.67% gains respectively. The Oil & Gas index recorded a marginal gain of  0.04%. Conversely, the Insurance indices recorded a loss of 0.42%.

We expect the positive momentum to be maintained in tomorrow’s trading session.

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