Market capitalisation sustains growth with N43b

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Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained  N43 billion or 0.34 per cent to close at N12.853 trillion.

  Also, the All-Share Index improved  by 125.4 points or 0.34 per cent to close at 37,138.97 against 37,013.57 recorded on Tuesday.

 At the end of the day’s transactions,  International Breweries led the gainers’ table with a gain of N4.20 to close at N45.20 per share while Dangote Cement came second with a growth of N2 to close at N231, leaving NASCON improve  46k to close at N15.98 per share.

  On the flip side, 7UP recorded the highest loss to lead the losers’ table, dropping by 60k to close at N84.40 per share while Flour Mills followed  with a loss of 50k to close at N34 and Zenith Bank dropped 22k to close at N25.58 per share.

  The volume of shares traded dropped by 36.59 per cent with an exchange of 193.48 million shares valued at N1.81 billion transacted in 3,904 deals, compared with a total of 305.17 million shares worth N2.91 billion traded in 4,274 deals on Tuesday.

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  Diamond Bank was the most active in volume terms, exchanging 36.28 million shares valued at N43.61 million while FBN Holdings followed with 35.18 million shares worth N248.77 millio.
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