NSE Closes After Making Profit In Two Sessions

Channels Television  
Updated December 25, 2017

Nigeria’s stock market closed the third week of December up by 0.22 percent on Friday, after starting off with profit taking in two sessions and recovery in three sessions.

Four key sectors of the NSE also closed positive, while selloffs pulled the consumer goods sector back by 1.37 percent.

Compared with last week, the market recorded a higher total volume turnover Of 2.24 billion shares, traded for 139.78 billion naira in 18,466 transactions.

Stocks in the financial services, industrial goods and the conglomerates’ industry had the most volume while the shares of Transcorp, Dangote cement and AIICO group were the most actively traded equities for the week.

The stock market is closed for Christmas and Boxing Day and will resume trading on December the 27th.