NSE UPDATE FOR TUESDAY, 6TH DECEMBER 2016

Trading in the floor of the Nigerian Stock Exchange today started with

ASI                 25,743.03
DEALS           3,048.00
VOLUME       175,058,589.00
VALUE           3,144,629,630.03
CAP               8,855,872,442,175.25

And closed today with the following figures:

ASI                25,671.23
DEALS          2,894.00
VOLUME      189,414,339.00
VALUE          2,494,295,475.20
CAP              8,831,173,436,845.44

The market capitalisation falls to approximate 0.28 percent. This is a contraction from Yesterday market capitalisation of 0.0085 percent up. Also, the All Share Index ASI falls to 71.8.

The top gainers are:

COY.               PREV.        CLOSE.         +Δ
TOTAL          276.15        304.44        28.29
FO                  71.94         79.3               7.36
FLOURMILL  18.5           18.99            0.49
NASCON        6.65            6.95             0.3
PORTPAINT   1.9              2.08             0.18

The top losers are:

COY.               PREV.        CLOSE.         +Δ
NESTLE          815            805            -10
GUINNESS       80.33        76.32         -4.01
DANGCEM     160           158.16         -1.84
NB                   145           144               -1
CADBURY         11.3          11.15         -0.15

Total PLC remains the top gainer for yesterday trading and today’s. While Guinness falls a step down as top losers when compared to Yesterday. Also, Forte PLC remain the second top gainer for the two days of trading.

The oil sector companies equity has remain high this week, this may be as a result of OPEC cut in crude oil supply that have increase the price of crude oil.