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Alert: NB Plc Trades 31.36% of Total Market Volume Today


Thursday, November 16, 2017 /4:43PM /Proshare Markets 

At the closing of trading today, investors bought a whopping 68.29m volume of shares of Nigerian Breweries Plc valued at NN9.49bn($26.3m).

This represents 31.36% of the total market volumes of 217.75m and 81.10% of the total market value traded which was put at N11.71bn ($32.5m).

Furthermore, the volume traded represents 0.86% of NB’s total shares outstanding put at 7.93bn shares while the value of the share traded represents 0.87% of NB’s market capitalisation as at November 16, 2017.

A comparison of the today’s volume traded with the previous day’s trading  revealed it grew by 667%.

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