Cement stocks fall, breweries gain in Nigeria

pmnews-placeholder

The market indices of the Nigerian Stock Exchange depreciated by 0.21 per cent on Thursday due to price losses by some major blue chips, especially listed cement companies.

The All-Share Index, which opened at 28,501.21, depreciated by 59.83 points or 0.21 per cent to close at 28.441.38.

Also, the market capitalisation dropped by N19 billion or 0.21 per cent to close at N9.090 trillion from the N9.109 trillion recorded on Wednesday.

Dangote Cement led on the losers’ chart, dropping N3.10 to close at N125 per share. Lafarge Wapco followed with a loss of N2.50 to close at N55 per share, while FBN Holdings dipped by 72k to close at N16.38 per share.

PZ Cusson depreciated by 44k to close at N27.56, while Diamond Bank lost 30k to close at N5.10 per share.

On the other hand, NewGold led the gainers’ chart with a gain of N21 to close at N2,555 per unit.

Related News

Nigerian Breweries followed with N2.21 to close at N150.21 per share, while OkomuOil grew by N2.12 to close at N44.62 per share.

Guinness appreciated by N1.75 to close at N276.76 per share, while GTBank rose by 45k to close at N25.05 per share.

In all, investors exchanged a total of 289.43 million shares worth N2.6 billion in 4,511 deals.

This was against the 175.98 million shares valued at N1.9 billion traded in 2,802 deals on Wednesday.

For the full gainers and losers list, please click here:GAINERS FOR 3RD JANUARY 2013

Load more