NSE All-Share Index up 1.26% to start second week of the year

Trading activities on the Nigerian Stock Exchange (NSE) resume for the second week of the year on a positive note as the leading indicator, All-Share Index appreciates by 1.26 percent.

The index rose by 328.83 basis points to close at 26,580.22 against 26,251.39 posted on Friday.

In the same vein, the market capitalisation which opened at N9.032 trillion inched one hundred and thirteen billion naira to close at N9,145 trillion.

An analysis of the price movement table indicated that Dangote Cement led the gainers’ table gaining N2 to close at N169 per share.

Guaranty Trust Bank garnered N1.06 to close at N24.60 and Total Nigeria appreciated by N1 to close at N300 per share.

Also, Zenith Bank chalked up 72k to close at N15.49 and UACN rose by 36k to close at N17 per share.

Conversely, 7up recorded the highest price loss to lead the losers’ chart, dropping by N6.45 to close at N122.55 per share.

Ashaka Cement lost 57k to close at N10.86 and Cadbury shed 47k to close at N9.03 per share.

Forte Oil was down by 21k to close at N80.37 and Capital Hotels dropped 17k to close at N3.33.