Trading Sees Recovery as NSE Index Bounces Back With 0.85% Gain

Transactions on the floor of the Nigerian Stock Exchange, NSE, closed Thursday, February 18, in the green zone as the All Share Index gained 0.85 per cent to close at 24,261.69 points from 24,056.12 on Wednesday, February 17.
Similarly, market capitalization jumped from N8.273 trillion to N8.344 trillion.

The market recorded 18 gainers today led by Ecobank with a gain of N0.75 or 5.00 per cent to N15.75 followed by SEPLAT with a gain of N13.71 or 5.00 per cent to close at N288.08 while Glaxosmith gained N1.09 or 4.97 per cent to close at N23.02 per share.

On the other hand, Eterna topped 16 stocks on the losers’ chart with N0.16 loss or 8.38 per cent to close at N2.85 followed by Mobil that lost N9.60 or 6.02 per cent to close at N150.00 per share, and Dangote Sugar that lost N0.31 or 5.64 per cent to close at N5.19 per share.

All together, a total of 119,338,722 shares worth N959.773 million exchanged hands in 2,464 deals.

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