Stock market gains N18bn

Transactions on the floor of Nigerian Stock exchange yesterday sustained growth trend, growing by N18 billion. Specifically, Market Capitalisation of listed equities increased by 0.14 per cent to N13.171 trillion from N13.112 trillion reported on Tuesday.

The NSE All Share Index also appreciated by 34.83 basis points to 25171.32 points from 25112.49 traded on Tuesday.

Investors traded 180.010 million shares valued at N1.536 billion in 3108 deals against 271.001 million shares cost N2.460 billion exchanged hands the previous day in 3693 deals.

A review of the investment during the day showed that Guaranty Trust Bank led gainers table growing by N0.30 kobo to close at N25.30 kobi, International Breweries followed with a gain of N0.20 kobo to close at N3.00, Studio Press added N0.18 kobo to close at N1.98 kobo, Zenith bank up by N0.15 kobo to close at N16.90 kobo while United Bank for Africa appreciated by N0.05 kobo to close at N6.70 kobo

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