Equities investors on the floor of the Nigeria stock exchange have gained N127 billion on Wednesday amid bargain hunting and key market indicators, the All-Share Index stood at 0.63 percent or 294.4 absolute points to close at 38,981.25 as against to 38,686.85 at the end of transactions on Tuesday.
Similarly, market capitalisation appreciated to N20.36 trillion as against the N20.24 trillion of he previous day.
At the close of the business, 23 stocks appreciated while 23 stock also depreciated.
Morison led the gainers list with a 9.72 percent increase on its share price to close at N0.79 kobo per share.
Champion Breweries followed with the price gain of 8.91 percent to close at N2.20 kobo per share while Neimeth International Pharmaceuticals followed with a gain 8.85 percent to close at N2.09 kobo per share.
CHI Plc on the other hand led the loser’s chart with 10 percent decrease on it share price to close at N0.27 kobo per share.
Eterna Plc followed by 9.94 percent loss to close at N4.62 kobo per share while Conoil had 9.79 percent to close at N17.05 kobo per share.
The volume of equities traded at the end of the day’s transactions stood at 368.21 million units of shares valued at N4.90 billion in 4,437 deals largely driven by shares of UBA, FBN Holdings Plc and Guaranty Trust Bank Plc.
Suzan O
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