{"id":2302,"date":"2013-04-17T19:34:40","date_gmt":"2013-04-17T19:34:40","guid":{"rendered":"http:\/\/disnaija.com\/nigerian-newspapers\/nse-all-share-index-grows-by-0-05\/"},"modified":"2013-04-17T19:34:40","modified_gmt":"2013-04-17T19:34:40","slug":"nse-all-share-index-grows-by-0-05","status":"publish","type":"post","link":"https:\/\/disnaija.com\/nse-all-share-index-grows-by-0-05\/","title":{"rendered":"NSE All-Share Index grows by 0.05%"},"content":{"rendered":"
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The All-Share Index of the Nigerian Stock Exchange (NSE) on Wednesday appreciated marginally by 0.05 per cent.<\/p>\n

The News Agency of Nigeria (NAN) reports that the All-Share Index increased by 18.29\u00a0 points to close at 33,352.96 against the 33,334.67 achieved on Tuesday.<\/p>\n

Also, the market capitalisation grew by N6 billion to close at N10.661 trillion from\u00a0the N10.655 trillion recorded on Tuesday.<\/p>\n

Analysts attributed the development to investors\u2019 preference for capital appreciation due to disappointing 2012 result announced by some quoted companies.<\/p>\n

Dangote Cement led the price gainers, appreciating by\u00a0N4.10 to close at N161.10 per share.<\/p>\n

PZ Cussons came second with a gain of N3.33 to close at N39, while BOC Gases garnered 50k to close at N8.50 per share.<\/p>\n

Unilever gained 41k to close at N52.41, while Zenith Bank appreciated by 36k to close at N19.40 per share.<\/p>\n

On the other hand, Nestle topped the losers’ chart with a loss of N14.01 to close at N922 per share.<\/p>\n

Julius Berger lost N2.01 to close at N51.90, while Presco dipped by N1.57 to close at N24 per share.<\/p>\n

Flour Mills lost N1.29 to close at N76.11, while Ashaka Cement shed 97k to close at N25 per share.<\/p>\n

Wema Bank drove the day’s\u00a0activities with\u00a0302.03 million shares worth N422.75 million.<\/p>\n

It was trailed by ETI with a total of 113.14 million shares valued at\u00a0N1.81 billion.<\/p>\n

NAN reports that the volume of shares traded increased by 116.55 per cent as investors staked N9.35 billion on 766.57 million shares in 6,183 deals.<\/p>\n

This was against the 352.15 million shares worth N3.59 billion traded in 6,705 deals on Tuesday<\/p>\n

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Posted in Nigerian Newspapers. <\/a>A DisNaija.Com<\/a> network.<\/p>\n

Source: The Nation Newspaper<\/p>\n

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