Share price gain recorded yesterday by Guinness Nigeria plc, Dangote Cement plc, GlaxoSmithKline Consumer Nigeria plc, Guaranty Trust Bank plc and Champion Breweries plc contributed majorly to about N8bn increased in value of Nigerian equities.
The Nigerian Stock Exchanges (NSE) – All Share Index (ASI) stopped its two-day loss path after appreciating by 0.67 percent (272.12) to close at 40,809.32 points from 40,537.20 points the preceding trading day. Market capitalisation also increased to N13.47trn from N13.39trn recorded the preceding trading day.
A total of 21 equities gained on the bourse yesterday while 31 stocks declined, leaving 57 stocks unchanged.
Guinness Nigeria plc led the pack of gainers after its share price rallied by N6.01, from N173.99 to N180; followed by Dangote Cement plc which rose by N6, from N219 to N225.