Trading activities on the Nigerian Exchange closed in the bullish territory on Wednesday as the all-share index rose by 2.32 per cent to close at 90,053.25 points as against 87,971.10 points on Tuesday, making it the third straight day of gains this week.
On the other hand, the market capitalisation of equities closed flat as the previous day at N48.14 billion.
The market sentiment also closed positive with 47 gainers and 35 losers emerging at the end of the day’s trading.
Guinness Nigeria led the gainers with a price gain of 10% to close at N71.50k and was followed by Wema Bank with a 10% gain and a closing price of N11.66 just as Honeywell Flour also gained 10% to close at N4.84k
On the other hand, RT Briscoe lost 10% to close at N0.81k. It was followed by Dangote Sugar Refinery with a 9.95% loss and a closing price of N73.30 while Nigerian Exchange Group lost 9.84% to close at N22.90k.
The highest volume of trade for the day was recorded by Sterling Bank with 106 million shares, followed by Japaul Gold and Ventures with 101 million shares.
In all, Wednesday’s trading saw a total of 1,298 million shares valued at N16.4 billion traded in 17,471 deals.
