Nigeria Stock market gains N9bn

Nigerian Equities Continue to Rise with N76 Billion Increase in Capitalization
Nigerian Equities Continue to Rise with N76 Billion Increase in Capitalization

Nigeria Stock market gains N9bn – Investment in the nation’s equity market yesterday opened week in positive note, increasing by N9 billion.

Specifically, Market capitalisation of listed equities increased by  0.07 per cent to N13.212 trillion from N13.203 trillion reported the previous day.

The NSE All Share Index also appreciated by 17.76 basis points to 25327.13 points from 25309.37 points traded the previous day.

Read also: Trading on NSE opens this week in a positive trend

Investors traded 302.009 million shares cost N2.627 billion in 3854 deals against 137.054 million shares cost N920.526 million in 2869 deals.

A review of the transactions for the day showed that Mobil Oil led gainers table during the day, appreciating by N17.50 kobo to close at N192.50 kobo, Dangote Cement Plc followed with a gain of N0.70 kobo to close at N134.90 kobo, Wapco gained N0.40 kobo to close at N11.95 kobo, Vitafoam Nigeria Plc added N0.24 kobo to close N5.71 kobo, BUA Cement increased by N0.10 kobo to close at N40.10 kobo.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Financial Watch. Every investment and trading move involves risk. You should conduct your own research when making a decision.

About Sam Gabriel 1699 Articles
Samson Gabriel a graduate of mass communication from Auchi Polytechnic, he is a passionate writer with experience in radio scrip writing. He brings his experience from the broadcast media into play here as he continues to enjoy his passion as a journalist. He can be contacted via whats-app on: +234701105670

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