Indices up by 0.03% as 7Up top losers

Trading on the Nigerian Stock Exchange (NSE) on Tuesday closed on positive note with the benchmark indices improving marginally on investors delight.

Specifically, the All-Share Index appreciated by 8.11 points to close at 23,824.87 as against 23,826.76 points posted on Monday.

The Market Capitalisation also increased by N3 billion to close at N8.197 trillion in contrast to N8.194 trillion recorded a day before.

Market breadth closed positive as 22 gainers were recorded against 17 losers, though an improved performance when compared with previous day outlook.

Seplat Plc led the gainers table as it’s share price appreciated by 4.98 percent or N10.19 or five percent to close at N214.15 per share.

Dangote Cement Plc followed closely with 95 kobo or 75 percent to close at N128.01 per share.

Stanbic IBTC Plc added 40 kobo or 2.94 percent to close at N14.00 per share.

Ecobank Transnational Incorporated was up 24 kobo or 1.63 percent to close at N15.00 per share, while Ashaka Cement Company Plc appreciated by 20 kobo or 0.81 percent to close at N25.00 per share.

On the flip side, 7Up Plc led the losers table with N9.20 or 4.94 percent to close at N177.00 per share.

Glaxosmithkline Plc followed with N1.28 or 4.99 percent to close at N24.37 per share.

Nigerian Breweries Plc lost 50 kobo or 0.50 percent to close at N99.50 per share, while Guaranty Trust Bank Plc dipped 40 kobo or 2.38 percent to close at N16.38 per share.

Mansard Insurance Plc share price declined by 11 kobo or 4.91 percent to close at N2.13 per share.

In all, investors traded 313.67 million shares worth N2.41 billion in 3,451 deals.