Gains in shares of Presco and 18 other stocks aided the Nigerian Exchange Limited to extend previous gains to close in an upbeat yesterday, causing the market capitalisation to appreciate by N62 billion. Specifically, at the close of trading yesterday, the All Share Index rose by 115.58 absolute points, representing a gain of…
Accordingly, investors gained N62 billion in value as market capitalisation went up to N26.291 trillion. Vetiva Dealing and Brokerage said: “Another bumpy start in the banking sector, as four out of the five Tier-I banks closed in the red, and we expect continued mixed trading in the market this week. “
On the other hand, Geregu Power led the losers’ chart by 9.85 per cent to close at N110.70 per share. SCOA Nigeria followed with a decline of 9.43 per cent to close at 96 kobo.