The ASI depreciated by 0.80% to close at 47,059.63 this week. The market capitalization also depreciated to close at N 6.77 trillion compared to N 6.73 trillion the previous week.
Turnover moved from 2.24 billion shares to 2.53 billion shares
Value from N 49.2 billion to N 32.13 billion
Deals from 43,740 to 49,621
ASI from 47,422 to 47,060
MARKET
Information
A
Total of 158,986,549 shares were added to the shares outstanding in the name of The
Okomu Oil Palm PLC following the bonus of 1 for 2.
A
Total of 2,340,789,994 shares were added to the shares outstanding in the name of
Crusader Insurance (Nig)
PLC following the conclusion of the
Public Offering of 1,553,216,304 shares and Rights Offering of
787,573,690
Trading in the shares of
Aviation Development Co.
PLC and Albarka
Air PLC was suspended during the week following the revocation of their operating licenses by the
Nigeria Civil
Aviation Authority (NCAA).
Also, full suspension was imposed on
BHN PLC to enable the implementation of the restructuring arrangement at the
Company
CURRENT OFFERS
First
Bank of
Nigeria PLC . Offers for subscription 1,624,253,238 ordinary shares of 50k at N33.00
First
Bank of
Nigeria PLC . Offers rights issue 1,496,762,682 ordinary shares of 50k at N31.00
