NSE market indices up by 0.58%

The market indices of the Nigerian Stock Exchange (NSE) on Thursday appreciated by 0.58 per cent due to price gains by some blue chips. The All-Share Index, which opened at 27, 349.10, appreciated by 158.99 points to close at 27,508.09. Also, the market capitalisation rose by N51 billion or 0.58 per cent to close at N8.789 trillion.
This was against N8.738 trillion recorded on Wednesday. Total led the gainers’ chart with N3.91 to close at N126.91 per share. Guaranty followed with N1.39 to close at N22.49 per share, while Guinness grew by N1.11 to close at N255.11 per share. Dangote Cement appreciated by 50k to close at N122 per share, while UBA rose by 25k to close at N4.56 per share.
On the other hand, NewGold led the losers’ chart, dropping N15 to close at N2, 558 per unit. The International Breweries followed with a loss of N1.27 to close at N15.23 per share, while Nigerian Breweries dipped by 97k to close at N154.03 per share. Unilever depreciated by 20k to close at N46.50, while John Holt lost 19k to close at N3.75 per share. Investors exchanged a total of 224.62 million shares worth N2.8 billion in 3,728 deals. This was against the 317.44 million shares valued at N2.5 billion traded in 3,820 deals on Wednesday.