Stock market capitalisation continues upward swing

The marketplace capitalisation of the Nigerian Exchange Limited continued to comprehend at the close of trading on Wednesday.


The All-Share index moved 30 base factors to 54,936.Eleven from 54, 906.68 recorded on Tuesday. The marketplace cap moved to N29.927tn at the close of buying and selling, a zero.06 according to cent appreciation
A total of 134,150,558 stocks well worth N1.330bn have been exchanged in 2,479 deals on the buying and selling ground.
Despite the appreciation inside the market cap and ASI, the market sentiments have been poor with 14 stocks at the losers’ desk in comparison to nine at the gainers’ table.
Atop the losers’ table had been NCR with a 9.69 in keeping with cent loss in its market price to close the day at N2.61, and FTN Cocoa misplaced 6.Ninety in keeping with cent to shut at N0.27 according to share.
Third, at the gainers’ table was JapaulGold whose share misplaced 6.67 consistent with cent in its share value to shut at N0.28.
On the gainers’ table had been GTCO shares which won N2.Forty four in line with cent to close the day at N25.20 in step with proportion, WAPIC followed also with a 2.44 according to cent gain to shut buying and selling at N0.Forty two in keeping with share and Linkage Assurance gained 2.22 in keeping with cent in its share value. Its fee at close of trading turned into N0.46 according to proportion.
On the Most Traded chart, Zenith Bank maintained its first function with 6,half,925 of its shares worth N 153,960,358.00 traded in 253 deals.
GTCO followed with 13,551,801 of its stocks well worth N336,904,357.15 exchanged in 241 offers. MTN Nigeria is 1/3 on the list with 215,233 stocks valued at N 50,476,466.00 traded in 177 exchanges 

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