Nigerian Breweries is most traded stock as NSE gains

Nigerian Breweries Plc traded 68 million shares on the floor of the stock exchange market on Thursday to emerge the most traded share.

The value of all the trading activity of the 68 million shares was put at N9.492 billion.

At the end of trading, market capitalisation on the bourse recorded a gain of N77.08 billion to stand at N12.75 trillion.

The market has been experiencing some fluctuations in the past weeks and slipped from a record high of N13 trillion which it hit on August 9.

The top five gainers on the market were Mobil, 7UP, International Breweries, PZ and Guaranty Trust Bank.

Seplat, Guinness, Nascon, Dangote Sugar and First Bank Holdings were the top five decliners at the end of trading by 2:30pm.

Other most traded shares on the market were Zenith Bank, Access Bank, First Bank Holdings and C&I Leasing Plc.

The bourse recently upgraded its website on demand from users to provide more information about companies listed on the market.

“We are excited about our newly upgraded website which has been fully optimized to be mobile friendly and contains robust information for diverse stakeholders in our ecosystem,” Olumide Orojimi, NSE’s head, corporate communication said.

“The revamp was fuelled by feedback from users that wanted certain high demand pages easier to navigate and some key changes implemented.

“For example, using analytics from visits and usage of our website, we added filter functionality to the corporate disclosure page to enable users browse through results filed by listed companies easily. Our online visitors can now experience a more vibrant and seamless view of our offerings.”