Market capitalisation attains N101b, index up by 0.25 per cent

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For the second day, the Nigerian Stock Exchange (NSE) on Wednesday sustained growth as the market capitalization recorded N101billion to close atN12.675 trillion.

Also, the index increased by 91.23 points or 0.25 per cent to close at 36,622.85 compared with 36,531.62 achieved on Tuesday.

At the end of the day’s trnsactions, Seplat Petroleum Development Plc led the gainers table, gaining N10 to close at N490 per share while Glaxosmithkline came second with a gain of N1.20 to close at N25. 20 and NASCON improved by 89k to close at N15.22 per share.

UACN added 87k to close at N18.38, while Dangote Flour Mills advanced by 36k to close at N7.50 per share.

On the other hand, Forte Oil led the losers’ table with N2.23 drop to close at N42.42 per share, leaving Mobil Oil at N1.85 to close at N156 while International Breweries lost N1.72 to close at N54.50 per share.

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Cutix was down by 22k to close at N2.13, while UPL dropped by 11k to close at N2.11 per share.

The United Bank for Africa emerged the most traded with an exchange of 85.18 million shares worth N795.02 million, Zenith International Bank followed with 43.46 million shares valued at N1.14 billion and Access Bank traded 41.13 million shares worth N407.92 million.