By Providence Obuh
Investment value on the Nigerian Stock Exchange (NSE) continued on an impressive note last week, as equities value represented by the market capitalisation appreciated by N65.86 billion.

Specifically, the capitalisation rose by 0.84 per cent to close at N7.925 trillion from N7.859 trillion it opened during the week under review.

Another key performance index the All share index, surged by 0.78 per cent or 195.48 bases points to close at 24,807.04 points from 24,611.56 points at which it opened.

Total Nigeria Plc led 39 other stocks on the gainers’ table with a gain of N9.26 to close at N234.61 per share, Guinness Nigeria Plc followed with a gain of N6.50 to close at N177.00 per share and Nigerian Breweries Plc garnered N3.58 to close at N79.00 per share.

Other price gainers’  include: Ashaka Cement Plc N2.10, Dangote Cement Plc N1.96, Dangote Sugar Refinery Plc N0.63, Lafarge Cement WAPCO Nigeria Plc N0.49, Acces Bank Plc N0.45, Guaranty Trust Bank Plc N0.45, Dangote Flour Mills Plc N0.42, among others.

On the other hand, Mobil Oil Nigeria Plc led 50 other stocks on the losers table dropping by N7.62 to close at N144.88 per share, Conoil Plc followed with a loss of N3.57 to close at N33.06 per share and Oando Plc dipped by N2.50 to close at N65.00 per share.

Other share price losers include: Chemical and Allied Products Plc N1.62, African Petroleum Plc  N1.25, UAC of Nigeria Plc – N1.00
PZ Cussons Nigeria Plc  N1.00, Unilever Nigeria Plc N0.90, UACN Property Development Company Plc N0.71, University Press Plc N0.69, among others.

A turnover of 1.2 billion shares valued at N9.46 billion was recorded in 28,192 deals, in contrast to penultimate week’s turnover of 1.61 billion shares valued at N13,504 billion in 28,935 deals.

The Banking sub-sector was the most active on the sectorial analysis accounting for 61.3 per cent of the market turnover with 736.94 million shares valued at N5.37 billion in 16,372 deals.

Oceanic Bank International Plc recorded the highest activity in the sub-sector trading 103.35 million shares valued at N269,81 million in 1,004 deals, Guaranty Trust Bank Plc followed with the exchanged of 81,45 million shares valued at N1,28 billion in 2,603 deals and  Zenith Bank Plc recorded 69,25 million shares valued at N1,03 billion in deals.

The Insurance subsector trailed on the sectorial analysis accounting for a turnover of 186.44 million shares valued at N123.41 million in 1,119 deals.

Equity Assurance led the sub-sector trading 52.77 million shares valued at N26,38 million in 13 deals and  AIICO Insurance Plc, followed with the exchange of 28,95 million shares valued at N26,21 million in 452deals