Again Cadbury Nigeria Top Gainers Table … As Indicators Drops By 1.64 Percent

After the long public holiday that was declared by the federal government for the celebration of Christmas and Boxing Day which was marred by fuel scarcity across the country.  Trading on the floor of Nigerian Stock Exchange (NSE) shows that Cadbury Nigeria Plc was the highest price gainer at the close of business on Wednesday December 27, 2017; just the same way he led the gainers table last week Friday.

However, the key market indicators could not sustain the gains recorded last week as the All Share Index (NSE ASI) and the Market Capitalization decreased by 1.64 percent, while the Year-to-Date return stood at 40.99 percent. The All Share Index closed at 37,889.57 against the previous close of 38,522.14 while Market Capitalization closed at N13.484 trillion against previous close of N13.709 trillion.

Volume traded increased by 108.31 percent from 204.485 million to 425.960 million, while the total value of stock traded increased by 38.63 percent from N1.530 billion to N2.122 billion in 2,937 deals.

The Financial Services sector led the activity chart with 313.572 million shares exchanged for N2.299 billion. Conglomerates came next with 107.455 million shares traded for N0.16 billion, Consumer Goods, Industrial Goods, Oil And Gas sectors followed in that order on the activity chart Transcorp, Fidelity Bank, Skye Bank, Aiico Insurance Plc and FBN Holding Plc were the most active stocks by volume.

Cadbury Nigeria Plc, Mobil Oil Nigeria Plc, Fidelity Bank Plc, Law Union and Rock Plc, and Nem Insurance Plc emerged the highest price gainers on the chart, while Okomu oil Palm Plc, Omomorbnk, Presco, Mcnichols and Nigeria Brewery Plc topped the losers chart. In all 94 companies shares were traded with 14 gainers and 24 losers, while 56 companies’ shares remained unchanged.

TOP FIVE GAINERS ON WEDNESDAY DECEMBER 27, 2017

PREVIOUS PRICE             CURRENT PRICE

CADBURY:                       14.33                                    15.75

MOBIL:                              170.00                                  178.31

FIDELITYBK:                   2.38                                      2.49

LAWUNION:                     0.71                                      0.74

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NEM:                                   1.50                                      1.56

TOP FIVE LOSERS ON WEDNESDAY DECEMBER 27, 2017

PREVIOUS PRICE             CURRENT PRICE

OKOMUOIL:                      71.25                                   67.69

OMOMORBNK:                 0.82                                     0.78

PRESCO:                             72.00                                   68.50

MCNICHOLS:                    1.26                                      1.20

NB:                                      140.00                                   134.04

Photo Caption: Cadbury Nigeria Plc Logo