The market price indicator only edged up for the first time this week to close at 53,705.30 base points as against yesterdays 53,365.53 base points, indicating a gradual recovery of the market. The Market Capitalisation also went up a bit to N10,482,381,849,556.62 better than yesterday’s N10,416,065,547,467.16 also marking a recovery. There was a total of 17,112 deals involving a share volume of 983,536,948 unit shares valued at N17,294,192,905.58 as against yesterdays 15,973 deals involving a volume of 1,274,507,737 units valued at N16,107,193,177.78.

The market movers in terms of share volume in a descending order includes: (1) INTERCONT which traded a volume of 193,704,201 units valued at N6,217,730,939.52; (2) PLATINUM traded with 120,948,336 unit shares, valued at N3,325,305,901.95; (3) IANSURE traded with 103,889,273 unit shares, valued at N118,433,771.22; (4) FCMB traded with 90,844,400 unit shares, valued at N1,496,545,930.49; (5) FIDELITYBK traded a volume of 40,145,764 unit shares, valued at N404,304,911.73.
The price gainers in a descending order includes: (1) 7UP gained N2.59 to close at N54.46; (2) ASHAKACEM gained N1.84 to close at N38.74; (3) ETI gained N1.71 to close at N40.00; (4) CADBURY gained N1.57 to close at N33.07. While the price losers list includes: (1) OANDO which lost N10.50 to close at N199.01; (2) CONOIL lost N5.20 to close at N99.80; (3) CAP lost N2.85 to close at N54.15; (4) NBC lost N2.44 to close at N49.01.

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This entry was posted on Thursday, June 26th, 2008 at 8:17 pm and is filed under Stock Market News. You can follow any responses to this entry through the RSS 2.0 feed. Tags: Nigerian Stock exchange
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