NSE Market Cap grabs N88.6b | Independent Newspapers Limited
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NSE Market Cap grabs N88.6b

Posted: Apr 14, 2015 at 4:21 am   /   by   /   comments (0)

By Bamidele Ogunwusi  / Correspondent, Lagos


Trading activities on the floor of the Nigerian Stock Exchange on Monday continued its upward movement as it closed in the positive trajectory after gaining N88.669 billion. The key market performance measures, the NSE All Share Index and market capitalisation, rose by 0.74 percent.

Consequently, the All-Share Index gained 260.21 basis points or 0.74 percent to close at 35,190.23 points as against 34,930.02 recorded at the weekend, while the market capitalisation of equities appreciated by N88.669 billion.

Meanwhile, investors traded in a total of 344.679 million shares, valued at N4.654 billion in 4,954 transactions with the financial services sector accounting for a total of 262.025 million shares, valued at N2.961 billion in 2,715 transactions.

The banking sub-sector of the financial services sector was the most active during the day when investors traded in a total of 132.476 million shares, valued at N1.210 billion in 1,567 transactions.