Investors Gain 1% As Equities’ Demand Rise

Investors Gain 1% As Equities’ Demand Rise
Oladejo Amos
Trading in equities continued on a negative note on the Nigerian Stock Exchange on Thursday, as more investors took position on stocks.
Specifically, the All Share Index appreciated 0.99 per cent to close at 27,028.24 points, compared to the increase of 0.61 per cent recorded the preceding day to close at 26,763.86 points.
Market capitalization gained N91 billion to close at N9.28 trillion, compared to the rise of N20 billion recorded the preceding day to close at N9.19 trillion.
First City Monument Bank Plc led the gainers’ table with 12 kobo or 9.92 per cent to close at N1.33 per share, followed by Eterna Oil Plc with 26 kobo or 8.93 per cent to close at N3.17 per share.
Guaranty Trust Bank Plc appreciated N1.43 or 7.32 per cent to close at N20.97 per share, while United Capital Plc rose 10 kobo or 5.13 per cent to close at N2.05 per share.
Oando Plc added 28 kobo or 4.97 per cent to close at N5.91 per share, while Transcohot Plc increased by 25 kobo or 4.95 per cent to close at N5.30 per share.
Access Bank Plc was up 25 kobo to close at N5.35 per share, while Etranzat Plc was up 20 kobo or 4.88 per cent to close at N4.30 per share.
Conversely, NCR Plc depreciated N1.01 or 9.65 per cent to close at N9.46 per share, while Union Homes Plc shed 33 kobo or 9.43 per cent to close at N3.17 per share.
Unilever Plc lost N1.60 or five per cent to close at N30.41 per share, while AG Leventis Plc declined five kobo or 4.76 per cent to close at N1.00 per share.
Continental Insurance Plc dropped five kobo or 4.63 per cent to close at N1.03 per share, while Sterling Bank Plc was down eight kobo or 4.62 per cent to close at N1.65 per share.
UAC-Property Plc dipped 19 kobo or 4.55 per cent to close at N3.99 per share, while Tiger Brands Plc fell 23 kobo or 4.48 per cent to close at N4.90 per