Business

Nigerian Breweries, Stanbic IBTC top gainers’ table as market capitalisation sustains growth by N89b

Nigerian Breweries on Tuesday recorded the highest price gain of N6.43 to lead the gainers’ table and closed at N137.60 per share.

Stanbic IBTC followed by a gain of N1.85 to close at N41.85, while Dangote Cement increased by N1 to close at N241 per share.

At the end of the day’s transaction, Mobil Oil topped the losers’ table with a loss of N5.40 to close at N162.50 per share while Guinness came second with a loss of N1.42 to close at N98.58, while PZ dropped by N1.15 to close at N22.72 per share.

Okomu Oil lost 78k to close at N67.22, while Dangote Sugar dipped  26k to close at N17.55 per share.

Meanwhile, market capitalisation for the day which opened at N12.97 trillion increased by N89 billion or 0.69 per cent to close at N13.06 trillion.

Also, All-Share Index rose by 252.95 points or 0.68 per cent to close at 37, 503.73 points compared with 37, 250.78 points achieved on Monday.

Also on Tueday, Wapic Insurance emerged the most active stock, accounting for 655.35 million shares worth N327.67 million while Diamond Bank recorded 68.21 million valued at N80.33 million, Zenith Bank traded 62.74 million shares worth N1.56 billion.

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