The market capitalisation of the Nigerian Exchange Ltd. (NGX) on Wednesday grew by N39 billion or 0.16 per cent to close at N24.434 trillion from N24.395 trillion on Tuesday.
Similarly, the All Share Index (ASI) rose by 71.64 basis points or 0.16 per cent to close at 44,859.78 basis points from 44,788.14 basis points the previous trading session.
However, market breadth remained negative as 12 stocks posted gains, while 19 stocks declined.
Multiverse Mining & Exploration and R.T. Briscoe Nigeria recorded the highest price gain of 10 per cent each to close at N4.62 and 33k, while University Press followed with a gain of 9.15 per cent to close at N1.79 per share.
FTN Cocoa processors went up by 7.41 per cent to close at 29k, while AIICO Insurance and Geregu Power appreciated by 5.45 per cent each to close at 58k and N116.00, per share.
On the other hand, Cutix led the losers’ chart by 6.51 per cent to close at N2.01, per share.
Jaiz Bank followed…
