Equity market gains N12bn

Trading activities on the floor of Nigerian Stock Exchange on Monday closed northward, gaining N12 billion. The two marketmarket indicators appreciated by 0.09 per cent.

Specifically,  market capitalisation of listed equities on Monday increased by 0.09 per cent to N12.928 trillion from N12.916 trillion reported on Friday.

The NSE All Share Index also appreciated by 23.66 per cent to 26557.44 points from 26533.78 points traded the previous day.

Investors traded 129.078 million shares worth N2.742 billion in 2595 deals against 117.384 million share valued at N1.502 billion in 2122 deals.

A review of the tranding activities during the day showed that Dangote Flour Mills Nigeria Plc led gainers table during the day, appreciating by N0.80 kobo to close at N23.00, Dangote Cement Industry followed with a gain of N0.80 kobo to close at N145.00, Fidson Healthcare gained N0.35 kobo to close at N3.95 kobo, United Bank for Africa added N0.10 kobo to close at N6.00 while Mansard increased by N0.10 kobo to close at N1.70 kobo

On the contrary, UAC of Nigeria Plc recorded the highest loss during the day, gaining N0.50 kobo to close at N6.65 kobo, Global Speyrum Energy Services (GSPEC) Plc trailed with a loss of N0.50 kobo to close at N7.20 kobo, Ecobank Transnational Incorporated down by N0.20 kobo to close at N7.20 kobo, FBNHoldings also dipped by N0.15 kobo to close at N5.25 kobo, United Capital Plc fell by N0.10 to close at N2.03 kobo.

The Minister of Communication, Dr. Isa Ali Pantami (middle) while the Postmaster-General of NIPOST Bisi Adegbuyi, fifth right,  Kashifu Inuwa Abdulahi of the ministry second left; and others at the recent Gulf Information Technology Exhibition (GITEX) organised by National Information  Technology Development Agency (NITDA) on 6-10 Oct, 2019 at Dubai Photo NIPOST

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