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NSE Market Value Hits N13 Trillion After 4 Consecutive Days of Gains

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Nigerian Stock Market Capitalisation Hits N13 Trillion on Thursday

The Nigerian Stock Exchange hits N13 trillion on Thursday following four consecutive days of gains.

The market capitalisation of listed equities rose by N21 billion from N12.979 trillion it closed on Wednesday to N13 trillion on Thursday.

The NSE All-Share Index gained 0.19 percent to 24,930.34 basis points, up from 24,882,04 bps.

Seplat Petroleum led top gainers with 9.03 percent to close at N350. Followed by Stanbic IBTC’s 4.76 percent to N33 per share.

MTN Nigeria, Guinness and NASCOn gained 0.42 percent, 3.85 percent and 4.17 percent to close settle at N118.5, N13.5 and 10 per share. See the details below.

Top Trades by Volume

Symbols Volume Value
FBNH 29,775,007 N150,248,861.25
GUARANTY 13,157,988 N312,617,278.10
CUSTODIAN 12,849,424 N64,247,356.00
TRANSCORP 10,749,932 N6,651,705.66
WAPCO 9,963,250 N116,627,159.95

Top Gainers

Symbols Last Close Current Change %Change
SEPLAT N321 N350 29 9.03%
STANBIC N31.5 N33 1.5 4.76%
MTNN N118 N118.5 0.5 0.42%
GUINNESS N13 N13.5 0.5 3.85%
NASCON N9.6 N10 0.4 4.17%

Top Losers

Symbols Last Close Current Change %Change
BUACEMENT N40.2 N39.5 -0.7 -1.74%
UBN N5.4 N5 -0.4 -7.41%
FLOURMILL N19.4 N19.2 -0.2 -1.03%
MAYBAKER N2.9 N2.8 -0.1 -3.45%
LEARNAFRCA N1.01 N0.94 -0.07 -6.93%

 

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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