Equities market appreciates by 0.35%  

Toyin Ajadi

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Wednesday’s trading session on the Nigerian equities market, closed with the all-share index rising by 197.20 points or 0.35% to end the day at 55,801.14 basis points amid renewed positive sentiments.

Meanwhile, the market capitalisation rose by N107 billion naira to close at N30, 397 trillion as against N30, 290 trillion on Tuesday.

The day’s trading ended with a total of 152,742,743 shares with market value of N3.57 billion traded in 3,293 deals just as the market sentiment for the day was flat, closing with 18 gainers and 18 losers.

Trans-Nationwide Express led the gainers with 9.88% share price appreciation to close at N0.89 per share, followed by Cutix with 8.5% gain and a closing price of N2.17k then, FTN Cocoa Processors gained 7.69% to close at N0.28k.

On the other hand, MRS Oil Nigeria came out last with a loss of depreciation of 9.98% to close at N27.95 followed by Associated Bus Company which lost 7.89% to close at N0.35k and then Chams lost 7.41% to close at N0.25k.

Courteville Business Solutions recorded the highest volume of 34.6 million traded shares, followed by United Bank for Africa with 15 million shares.


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