Business

By Sunday Michael Ogwu, Lagos | Publish Date: Aug 9 2017 2:00AM

Stock market capitalisation

The Nigerian Stock Exchange (NSE) market capitalisation yesterday crossed the N13 trillion mark for the first time since October 2014.

The market capitalization added N164 billion to close at N13, 097 trillion.

The  NSE All Share Index (ASI) appreciated by +1.26% to close at 37,999.56 basis points as against +0.27% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +41.40%.  

Market breadth closed positive as Guinness led 31 Gainers as against 20 Losers topped by MORISON at the end of today’s session- an improved performance when compared with previous outlook.  

Market turnover closes negative as volume moved down by -14.25% as against -50.63%downtick recorded in the previous session. FCMB, ZENITHBANK and STERLNBANK were the most active to boost market turnover. NESTLE and NB topped market value list. 

The  NSE All Share Index (ASI) appreciated by +1.26% to close at 37,999.56 basis points as against +0.27% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +41.40%.