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Trading at NSE returns with N93bn value increase

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Trading at the Nigerian Stock Exchange (NSE) on Thursday closed positive with the return of bulls who increase the wealth of investors by N93 billion.

Trading at NSE returns with N93bn value increase

NSE building

Specifically, the Market Capitalisation added N93 billion to close at N9.475 trillion as against N9.382 trillion recorded on Wednesday.

Also, the All-Share Index increased by 271.21 points or 0.99 per cent to close at 27,559.18 in contrast to 27,287.89 points posted the preceding day.

At the close of trading, Nigerian Breweries Plc led the gainers table, growing by N4.00 to close at N120 per share.

Dangote cement Plc followed with N2.00 to close at N160 per share.

PZ added N1.00 to close at N26.00 per share, while Guinness Nigeria Plc increased by 68 kobo to close at N123.80 per share.

Ecobank Transnational Incorporated Plc (ETI) increased by 29 kobo to close at N15.97 per share.

Conversely, West African Portland Cement Plc (WAPCO) topped the losers’ chart, dropping by 64 kobo to close at N90.61 per share.

Ikeja Hotel Plc trailed with a loss of 35 kobo to close at N3.34 per share, while Tiger Brands Plc lost Seven kobo to close at N1.33 per share.

Honeywell Flour Plc dipped 10 kobo to close at N1.90 per share, while Portland Paints Plc was down by 19 kobo to close at N3.61 per share.

In all, investors’ staked N3.76 billion on 249.93 million shares 2,524 deals.

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. The Verge Communications (NEWSVERGE) is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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