By Modupe Gbadeyanka
The Nigerian Stock Exchange (NSE) on Wednesday finish bullish, appreciating by 1.05 percent as the buy pressure continues.
Business Post correspondent reports that the All-Share Index (ASI) improved by 290.77 points to close at 27,900.44 points, while the market capitalisation increased by N100.5 billion to end at N9.645 trillion.
Our correspondent further reports that the YTD Return finished at 3.82 percent, while the market breadth closed positive with 24 stocks advancing compared with the 13 stocks that declined.
Investors, at the end of trading activities at the stock market today, staked N3.5 billion on a total of 371.5 million shares executed in 3,910 deals.
On the price movement chart, Nestle rose by N24.94k to end at N825.5k per share, while Nigerian Breweries added N3 to finish at N148 per share.
GTBank advanced by N1.20k to close at N30.70k per share, Oando grew by 77k to end at N8.55k per share and GlaxoSmithKline appreciated by 73k to finish at N15.43k per share.
On the flipside, Stanbic IBTC depreciated by 50k to end at N26 per share and Union Bank of Nigeria declined by 15k to close at N5 per share.
Zenith Bank slumped by 11k to finish at N17.10k per share, International Breweries weakened by 10k to close at N20.90k per share, while UBA also depleted by 10k to end at N6.50k per share.
more recommended stories
Lafarge Africa Shifts Offer Period for N89b Rights Issue
Dipo Olowookere An approval has been.
Sovereign Trust Insurance Applies to Raise N2.09b via Rights Issue
By Dipo Olowookere One of the.
Equities Gain N438b in Five Days as Index Rises 3.94%
By Dipo Olowookere Bargain hunting on.
Naira Appreciates Amid Weekly $210m Forex Supply
By Dipo Olowookere The local currency.