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HomeBUSINESSNSE: Rise in price of Mobil Oil Plc, and 38 others, lifted the Market Capitalisation by N23.583 on Wednesday.

NSE: Rise in price of Mobil Oil Plc, and 38 others, lifted the Market Capitalisation by N23.583 on Wednesday.

 A spike in the share prices of MOBIL OIL PLC, and 38 others, lifted the market capitalisation of the Nigerian Stock Exchange (NSE) by Twenty-Three Point Five -Eight -Three billion naira on Wednesday.

The market Capitalization rose from Twenty-One Point Six -Nine Trillion naira, To Twenty-One Point Nine- Three, A Twenty-Three Point Five- Eight- Three Billion naira gain.

Consequently, the All-Share Index (ASI) expanded to Forty Thousand, Three Hundred and Forty -One Point Zero Five points on Wednesday, from Forty Thousand, Two Hundred and Ninety-Five Point Nine –Five points at the close of trading on Tuesday. This was a Zero Point One-One per cent rise.

Four Hundred and Sixty-Eight Point One- Four-Six Million shares were traded, which was valued at Six Point Nine-Six- Three Billion naira.

VERITAS CAPITAL ASSURANCE PLC, SOVEREIGN TRUST INSURANCE, X- ACADEMY PLC, dominated  the gainers’ chart, while CHELLARAM PLC was on top of the losers’ side

On the chart of the most traded equities, ZENITH BANK AND GUARANTY TRUST BANK dominated the chart.

Zenith bank traded Forty-Five Point Seven –Seven –Two Million shares, valued at One Point One- -Eight –Five Billion naira, while GUARANTY TRUST BANK traded Eighteen Point Two-Four-Seven shares valued at Five Hundred and Ninety-Two Point Six-Eight-Four Million Naira.

TODAY’S TOP GAINERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
VERITASKAP 0.2 0.22 0.02 10% 48 18,945,796 3,951,099.20
SOVEREIGN 0.2 0.22 0.02 10% 8 19,063,000 4,193,860.00
ACADEMY 0.3 0.33 0.03 10% 7 1,506,566 443,076.78
BOCGAS 11.39 12.52 1.13 9.92% 23 191,128 2,392,194.00
CHAMPIONS 1.02 1.12 0.1 9.80% 11 1,192, 726 1,335,853.12

 

TODAY’S TOP LOSERS

Name Of Company Opening Price Closing Price Price Change % Change Deals Volume Value
CHELLARAM 2.51 2.26 -0.25 9.96% 5 194,858 440,439.08
LIVESTOCK 1.95 1.76 -0.19 9.74% 157 18.775,076 33,701,013.21
CHIPLC 0.34 0.31 -0.03 8.82% 19 4,000,379 1,276,184.57
FTNCOCOA 0.68 0.64 -0.04 5.86% 55 6,563,977 4,270,584.70
CUTIX 2.2 2.09 -0.11 5% 45 2,214,393 4,55,005.72

 

 

 

 

 

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