June 29, 2018
By InvestAdvocate
Lagos (INVESTADVOCATE)-Nigerian Stock Exchange (NSE) as at midday Friday had gained +0.88 percent on buy interest across sectors.
InvestmentOne reports that current market movers are Total Nigeria Plc and Okomu Oil Plc both up +4.74 percent and +4.44 percent each. On the flipside is UACN Property Development Company Plc and Skye Bank Plc both down -4.98 percent and -4.17 percent apiece.
In terms of sector performances, the Consumer Goods and Oil & Gas indices are up by +0.93 percent and +0.74 percent respectively. Also, the Industrial Goods and Banking indices surged +0.68 percent and +0.34 each.
According to InvestmentOne update, in Friday’s early trade, total volume and total value rose by 28 percent and 43 percent respectively compared to this time on Wednesday, as investors have exchanged 54 million units of shares worth N1.44 billion.
Top tier lender, Zenith Bank Plc with a gain of +0.40 percent is the most actively traded stock with 21.6 million units of shares accounting for about 40 percent of total volume.