Nigerian Stock Exchange market capitalisation improves by N89bn


Lagos – Market capitalisation on the Nigerian Stock Exchange (NSE) on Tuesday increased by N89 billion amid gains recorded by some highly capitalised equities.

The floor of Stock exchange

The market capitalisation which opened at N12.97 trillion rose by N89 billion or 0.69 per cent to close at N13.06 trillion.

Also, All-Share Index increased by 252.95 points or 0.68 per cent to close at 37, 503.73 points compared with 37, 250.78 points achieved on Monday.

An analysis of the price movement table showed that Nigerian Breweries recorded the highest price gain of N6.43 to lead the gainers’ table, and closed at N137.60 per share.

Stanbic IBTC garnered N1.85 to close at N41.85, while Dangote Cement rose by N1 to close at N241 per share.

Cement Company of Northern Nigeria appreciated by 43k to close at N9.40, while Global Spectrum Energy Services improved by 26k to close at N5.51…

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