NSE market capitalisation rises by N27bn

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The market capitalisation of the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday rose by N27 billion or 0.23 per cent to close at N11.550 trillion after closing at N11.523 trillion on Tuesday.

This was the All-Share Index, which opened at 33,436.61, appreciated 78.32 points or 0.23 points to close at 33,514.93 due to price growth by some highly capitalised equities.

Seplat led the gainers’ table during the day, appreciating by N9.98 to close at N485 per share.

Guinness followed with a gain of N3.10 to close at N66.10 and Okomuoil Palm increased by N1.50 to close at N64.50 per share.

PZ Industries added N1.05 to close at N22.05, while Stanbic IBTC grew by 99k to close at N32.49 per share.

On the other hand, Nestle posted the highest loss to lead the losers’ table, shedding N16.50 to close at N903.50 per share.

Presco trailed with a loss of N3.22 to close at N61.32 and Dangote Cement shed N2 to close at N208 per share.

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