Capital Market Indices Rise By 0.84 Per cent

Trading activities on the Nigerian Stock Exchange (NSE) for the third consecutive day ended on a positive note on Thursday.

Our correspondent reports that the All- Share Index rose by 186.9 basis points to close at 22,537.97, as against 22,350.99 due to price gains.

Also, the market capitalisation appreciated by N6 trillion or 0.84 per cent to close at N7.187 trillion, as against N7.127 trillion posted on Wednesday.

Guinness led the gainers’ chart with a gain of N2 to close at N242 per share.

Lafarge Wapco followed, appreciating by N1.99 to close at N41.79, while Oando grew by 75k to close at N16.87 per share.

Zenith rose by 73k to close at N15.59, while FBN gained 52k to close at N10.99 per share.

On the other hand, NewGold led the losers’ chart with N20 loss to close at N2,522 per unit.

OkomuOil came second with a loss of N1.49 to close at N33.01, while Unilever dropped by 50k to close at N29.50 per share.

ETI depreciated by 49k to close at N11.20, while International Breweries dipped by 29k to close at N5.69 per share.

In all, investors exchanged a total of 574.89 million shares worth N4.68 billion traded in 4,441 deals as against 498.27 million shares valued N4.87 billion traded in 4147 deals on Wednesday.