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NSE: Unity Bank, Access Bank shares in most active stock group

The Citizen by The Citizen
July 16 2014
in Business, Uncategorized
A A
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Activities on the floor of the Nigerian Stock Exchange (NSE) on Tuesday showed that Unity Bank Plc (14.3 million shares); and Access Bank Plc (12.9 million shares) were among the most traded stocks for the day.

Others include Transnational Corporation of Nigeria Plc (27.4 million shares); FBN Holdings Plc (18.9 million shares); AIICO Insurance Plc (14.9 million shares);

The market capitalisation of the listed equities rose by N14bn or 0.10 per cent to close at N14.189tn, up from N14.175tn.

The NSE All-Share Index edged higher by 0.1 per cent or 40.96 basis points to close at 42,971.56 basis points.

CAP Plc led the gainers after it rose by five per cent or N1.95 to close at N40.95 per share.

Airline Services and Logistics Company Plc and UAC Property Development Company Plc gained 4.93 per cent each to close at N2.34 and N18.30 per share, respectively.

Also, Trans-nationwide Express Plc gained 4.57 per cent or nine kobo to close at N2.06 per share, while John Holt Nigeria Plc was up by 4.35 per cent or five kobo to close at N1.20 per share.

Twenty-seven equities, led by RT Briscoe Plc, however, recorded price depreciation on Tuesday.

While RT Briscoe declined by 8.77 per cent or 10 kobo to close at N1.04 per share, Ashaka Cement, which followed it, was down by 4.98 per cent or N1.70 to close at N32.47 per share.

DN Meyer Plc and Infinity Trust Mortgage Bank Plc, which declared a 117 per cent rise in profit on Tuesday, were both down by 4.76 per cent to close at N1.20 and N1.60 per share in that order.

In all, investors traded 251.758 million shares valued at N3.003bn in 5,692 deals on Tuesday.

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