By Modupe Gbadeyanka
It was a good day today at the Nigerian Stock Exchange (NSE) as the market closed in green after ending in red for days.
The all-share index added by 21.87 points or 0.08 percent on Wednesday to finish at 27,120.39 points against 27,098.52 points it achieved the previous day.
Also, the market capitalisation, which lost N163.6 billion to close at N9.307 trillion yesterday, bounced back today with a gain of N7.5 billion to end at N9.315 trillion.
Unilever went up by N2.11k to lead the gainers’ chart, closing at N48.1k per share, while Beta Glass finished second with a gain of 50k to close at N31.50k per share.
Nigerian Breweries also went up by 50k to close at N146 per share, eTranzact International Plc appreciated by 47k to finish at N5.12k per share and Dangote Sugar grew by 28k to close at N6.50k per share.
On the contrary, Forte Oil led the losers’ table with a loss of N3.80k to finish at N123.50k per share and was trailed by Nestle, which shed N2.5k to close at N797.95k per share, while Julius Berger dropped by N2 to end at N38 per share.
UACN slumped by 97k to close at N18.43k per share, while Capital Hotel Plc depreciated by 18k to finish at N3.50k per share.
First Bank shares emerged investors’ delight today after it traded 53.8 million units at N161.45 million, while Unilever followed with the sale 14.3 million shares at N685.7 million and Transcorp exchanged 11.6 million shares valued at N11.58 million.
The volume of shares sold on Wednesday at the stock market went up by 46.49 million as a total of 159.99 million shares were traded in 2,396 deals at 1.74 billion against 113.5 million shares exchanged the previous day at N1.233 billion in 2,435 deals.
