AT the close of business yesterday, investors on the floor of the Nigerian Exchange moved massively taking profit with market capitalization gaining N128 billion to close at N25.267 trillion. This was closely followed by the All Share-Index of 236.49 points, which closed at 46,867.95 basis points, reflecting a growth of 0.51 per cent respectively.
A total turnover of 224.644 million shares worth N3.823 billion in 5,946 deals was traded. This reflected the movements of 32 equities with price appreciation as against the 13 equities with price drop.
The gainers’ table had a mixture of high and medium capitalized stocks. NAHCO led the pack with a 10 percent increase to close at N5.50 followed by UACN and Meyer with a price gain of 9.90 percent and 9.73 percent to close at N11.10 and N1.24 respectively.
On the losers table, Academy Press, Mutual Benefit, and Japaul Gold occupied the top three with a price drop of 9.60 percent, 7.69 percent, and 5.88 percent to close at N1.60, N0.24, and N0.32 respectively.
