NSE market indicators record 2.04% growth

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ACTIVITIES on the Nigerian Stock Exchange (NSE) improved on Tuesday with the market indicators appreciating marginally due to price gains by some blue chips.

The market capitalisation rose by N242 billion or 2.04 per cent to close at N12.089 trillion against the N11.847 trillion recorded on Monday.

Also, the All-Share Index rose by 704.27 points or 2.17 per cent to close at 33,114.44 from the 32,440.17 posted on Monday.

Nestle led the price gainers’ table, gaining N95 to close at N1,495 per share.

Dangote cement followed with a gain of N5 to close at N210, while International Breweries and Stanbic IBTC added N2 each to close at N32.5 and N44 per share, respectively.

GTBank appreciated by N1.75 to close at N37 per share.

On the other hand, Total Oil topped the price losers’ chart, shedding N9.7 to close at N180 per share.

Mobil Oil trailed with a loss of N3.8 to close at…



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