Transaction activities of the stock market on the Nigerian Exchange Ltd. declined by 0.08 per cent, making the market capitalisation to close the week at N59.121 trillion.Transaction activities of the stock market on the Nigerian Exchange Ltd. declined by 0.08 per cent, making the market capitalisation to close the week at N59.121 trillion.
International Breweries lost 74k to close at N4.45, Dangote Sugar shed N7 to close at N52, Guinea Insurance declined by 4k to close at 35k per share. During the week, investors traded a total turnover of 1.804 billion shares worth N52.040 billion in 38,550 deals, contrasting with 1.735 billion shares valued at N48.755 billion traded in 45,237 deals the previous week.
This indicated contribution of 32.70 and 44.73 per cent to the total equity turnover volume and value, respectively. 31 equities also depreciated in price lower than 32 in the previous week, while 83 equities remained unchanged, higher than 72 recorded in the previous week. Meyer Plc declared 30k dividend for its shareholders to be paid May 27, Trans-nationwide Express Plc Proposed 2k dividend for payment on June 11 and Infinity Trust Mortgage Bank declared 15k dividend for payment on May 13.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
The Federal Road Safety Corps , Delta State Command, has deployed 570 personnel on Delta highways, to ensure road safety and quality travel time during Easter.
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