Market Cap gains N79billion on Thursday

Transactions on the floor of the Nigerian Stock Exchange, NSE, ended Thursday with the market capitalisation of the listed entities climbing up to N12.020 trillion to gain N79 billion or 0.66 percent from Wednesday’s closing figure of N11.941 trillion.

The All Share Index, ASI, also inched up by 249.65 points or 0.66 percent to close at 37,622.74 basis points as against Wednesday’s closing figure of 37,373.09 basis points.

The top five trades by volume chart on Thursday was led by WAPIC with 112.09 million shares valued at N101.76 million.
Zenith Bank was second with 43.39 million shares worth N922.82 million while Equity Assurance was third with 31.02 million shares valued at N15.51 million.

It was followed by GTB with 28.47 million shares worth N724.30 million while ETI was last on the chart with 26.13 million shares valued at N361.88 million.

Nestle topped the top five gainers chart appreciating by N49.00 in its share price to close at N1,100.00 per share.

Guinness was second with a share price gain of N12.00 to close at N252.00 per share while Unilever was in third position with a gain of N1.98k in its share price to close at N61.00 per share.

It was followed by Nigerian Breweries, which gained N1.01k in its share price to close at N175.00 per share.

Presco was last on the chart with an addition of N1.00 to its share price to close at N36.00 per share.
However, the top five losers chart was led by Total which shed N6.89k in its share price to close at N160.11k per share.

Conoil was second with a loss of N2.45k in its share price to close at N46.70k per share while MRS was third losing N1.99k in its share price to close at N37.99k per share.

It was followed by Cadbury with a share price loss of N1.44k to close at N55.06k per share while Mobil was last on the chart with a loss of N1.05k in its share price to close at N115.00 per share.

At the close of transactions on Thursday, investors exchanged 380.81 million shares worth N4.02 billion in 4,554 deals.

This was in contrast to the 569.49 million shares valued at N3.54 billion that was traded in 5,039 deals on Wednesday.