NSE market capitalisation inches N156bn after Christmas holidays


Trading resumed on the Nigerian Stock Exchange (NSE) on Friday after the Christmas holidays on a positive note with the market capitalisation increasing by N156 billion, amid Nestle gain.

Specifically, the market capitalisation of listed equities rose by N156 billion to close at N12.752 trillion from N12.596 trillion achieved on Tuesday.

Also, the All-Share index which opened trading at 26,090.88 inched 325.60 points or 1.25 per cent to close higher at 26,416.48.

Nestle led the gainers’ table, increasing by N130 to close at N1,430 per share.

Stanbic IBTC followed with a gain of N2.60 to close at N39, while UACN gained 45k to close at N8.55 per share.

NASCON improved by 40k to close at N12.90, while UPDC REITS added 35k to close at N4.30 per share.

Conversely, Guinness recorded the…



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