NSE Index Crosses 27,000 Mark

The All-Share Index of the Nigerian Stock Exchange  (NSE) last Wednesday crossed 27,000 mark for the first time in the year.
The Tide source reports that the index closed higher by 790.47 points or 2.95 per cent at 27,546.68 against 26,756.21 recorded on Tuesday.
Similarly,  the market capitalisation, which opened at N9.249 trillion, rose by N273 billion or 2.95 per cent to close at N9.522 trillion due to huge gains posted by some blue chips.
Nestle recorded the highest price gain with N38 to close at N798 per share.
Total followed with a gain of N6 to close at N255, while Dangote Cement  appreciated by N4.01 to close at N166.01 per share.
Nigerian Breweries gained N4.01 to close at N136.01 kobo; 7UP added N3 to close at N105 per share.
On the other hand, Lafarge Africa recorded the highest price loss of N3.42 to close at N46.18 per share.
Air Service trailed with a loss of 24k to close at N4.73, while CCNN depreciated by 7k to close at N4.66 per share.
NPF Micro Finance Bank was down by 5k to close at N1.33, while Jaiz Bank also lost 5k to close at N1 per share.
UBA emerged investors’ delight with 104.12 million shares worth N669.85 million.
Diamond Bank followed with 53.93 million shares valued at N48.78 million, Zenith Bank traded 50.01 million shares worth N841.22 million.