Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday reopened on a positive note after a?? public holiday declared by the Federal Government to mark Workers’ Day celebration.
The News Agency of Nigeria (NAN) reports that the market capitalisation rose by N76 billion to close at N7.127 trillion as a result of price gains by blue chip equities.
This was against N7.051 trillion posted at the close of trading on Monday, indicating an increase of 1.1 per cent.
Similarly, the All-Share Index appreciated by 1.1 per cent to close at 22,350.99 against 22,109.76 recorded on Monday.
NewGold topped the gainers’ chart appreciating by N20 to close at N2, 542 per unit.
Guinness followed gaining N2.97 to close at N240, while Nigerian Breweries garnered N1.16 to close at N11.26 per share.
Flour Mills rose by N1.20 to close at N60, while GT Bank appreciated by 80k to close at N16.82 per share.
On the other hand, Lafarge Wapco led the losers’ chart dropping by N1.10 to close at N39.80 per share.
Julius Berger lost 99k to close at N30, while Presco dipped by 35k to close at N11.50 per share.
CCNN dropped by 24k to close at N4.81, while UACN depreciated by 16k to close at N32.59 per share.
The volume of shares traded dropped by 25.6 per cent with an exchange of 498.27 million shares worth N4.87 billion in 4,147 deals.
This was as against 669.37 million shares valued N6.30 billion traded in 4,143 deals on Monday.(NAN)