{"id":18180,"date":"2017-10-13T13:44:17","date_gmt":"2017-10-13T12:44:17","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=18180"},"modified":"2017-10-13T13:44:17","modified_gmt":"2017-10-13T12:44:17","slug":"nestle-sustains-growth-profile-hits-n1-240-per-share","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nestle-sustains-growth-profile-hits-n1-240-per-share\/","title":{"rendered":"Nestle sustains growth profile, hits N1, 240 per share"},"content":{"rendered":"<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">Nestle Plc\u00a0<span class=\"aBn\"><span class=\"aQJ\">on Thursday<\/span><\/span>\u00a0sustained its rising profile to lead the Nigerian Stock Exchange (NSE) gainers\u2019 table, growing by N6.88 to close at N1,240 per share.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">Also at the end of tradings, \u00a0Stanbic IBTC came second with a gain of N1.14 to close at N41.19 while \u00a0Nigerian Breweries improved by N1.08 to close at N165.08 per share.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">City Business reports that, Forte Oil also improved by one Naira to close at N50, while Flour Mills grew by 51k to close at N29.71 per share.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">Meanwhile, Presco recorded the highest loss to lead the losers\u2019 chart, declining by 83k to close at N67 per share.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">Guaranty Trust Bank followed with a loss of N0.30 kobo to close at N41.70 kobo, Union Bank of Nigeria also declined by 25k to close at N5.75 per share.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">At the end of tradings, the All-Share Index appreciated \u00a0by 0.22 per cent after dropping for two consecutive days by appreciating by 79.42 points or 0.22 per cent to close at 36,732.24 compared to 36,652.82 posted\u00a0<span class=\"aBn\"><span class=\"aQJ\">on Wednesday<\/span><\/span>.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">Also, the market capitalisation which opened at N12.616 trillion increased by N18 billion to close at N12.634 trillion due to price growth by some blue chips.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">The volume of shares traded increased\u00a0 by 31.89 per cent with a total of 443.68 million shares valued at N3.18 billion transacted in 2,993 deals.This was against the 353.19 million shares worth N1.83 billion exchanged in 3,689 deals\u00a0<span class=\"aBn\"><span class=\"aQJ\">on Wednesday<\/span><\/span>.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">Diamond Bank dominated trading activates with an exchange 308.85 million shares valued at N304.41 million.<\/p>\n<p class=\"m_-8873844308782481157ydp44858412MsoNormal\">UBA followed with 25.79 million shares worth N237.15 million and Zenith International Bank exchanged 22.93 million shares valued at N579.25 million.<\/p>\n<div class=\"m_-8873844308782481157ydp44858412MsoNormal\">Transcorp traded 14.13 million shares worth N20.36 million, while Fidelity Bank sold 9.59 million shares valued at N13.47 million.<\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Nestle Plc\u00a0on Thursday\u00a0sustained its rising profile to lead the Nigerian Stock Exchange (NSE) gainers\u2019 table, growing by N6.88 to close at N1,240 per share. Also at the end of tradings, \u00a0Stanbic IBTC came second with a gain of N1.14 to close at N41.19 while \u00a0Nigerian Breweries improved by N1.08 to close at N165.08 per share. &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":18181,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2539,672],"coauthors":[2391],"class_list":["post-18180","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-market-growth","tag-nestle"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nestle sustains growth profile, hits N1, 240 per share - 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