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GMD, UBA, Mr. Kennedy Uzoka

UBA drives activity at NSE; as investors trade N1.44bn worth of shares

GMD, UBA, Mr. Kennedy Uzoka
GMD, UBA, Mr. Kennedy Uzoka
Investors on the Nigerian Stock Exchange (NSE), Tuesday, staked N1.44 billion on 228.29 million shares, exchanged in 3,239 deals.
This is against 124.29 million shares valued at N552.73 million traded in 1,588 deals earlier, Monday.
UBA became the toast of investors, accounting for 62.21 million shares, worth N201.24 million.
GT Bank followed UBA with 29. 81 million shares, valued at N466.20 million and Zenith Bank traded 29.71 million shares worth N339.54 million.
NEM Insurance exchanged 10.63 million shares valued at N8.47 million while United Capital traded 9.73 million shares worth N14.27 million.
The All-Share Index recorded marginal growth, appreciating by 6.65 points or 0.03 per cent, to close at 24,659.17 compared with 24,652.52 posted on Monday.
Similarly, the market capitalisation appreciated by N2 billion, to close at N8.482 trillion against N8.480 trillion posted on Monday.
Ecobank Transnational recorded the highest price gain to lead the gainers’ chart, gaining 70k, to close at N14.70 per share.
Guinness trailed with a gain of 35k to close at N99.84, while GT Bank appreciated by 35k to close at N15.90 per share.
Zenith Bank increased by 22k to close at N11.56 and Tiger Brands garnered 11k to close at N2.41 per share.
Conversely, Nigerian Breweries topped the losers’ chart, dropping by N2 to close at N102.50 per share.
Okomu Oil came second with a loss of N1.52 to close at N30.48, while UACN dipped 97k to close at N20.35 per share.
Union Bank declined by 23k to close at N4.54 per share.

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