Renewed Bull Strength Lifts NSE Index by 1.51%

Transactions on the floor of the Nigerian Stock Exchange, NSE, closed on Thursday, January 21 in the green zone for the second consecutive trading day.
The All Share Index scooped 1.51 per cent to close at 23,686.67 points from 23,335.01 on Wednesday while market capitalization also rose from N8.025 trillion to N8.146 trillion.

The market recorded 29 gainers today led by FBN Holdings with a gain of N0.41 or 10.25 per cent to N4.41 followed by Union Bank with a gain of N0.49 or 9.94 per cent to close at N5.42 while Nigerian Breweries gained N7.90 or 8.09 per cent to close at N105.50 per share.

On the other hand, Honeywell Flour topped 14 stocks on the losers’ chart with N0.15 loss or 9.20 per cent to close at N1.48 followed by Sterling Bank that lost 0.16 or 8.99 per cent to close at N1.62 per share, and Vitafoam that lost N0.40 or 8.03 per cent to close at N4.58 per share.

All together, a total of 476,148,227 shares worth N3.636 billion exchange hands in 5,398 deals.

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