The market closed in the green region today as a result of the 6.53% gain in the price of Dangote Cement Plc and 6.36% gain in the price of Nestle.
Transactions on the floor of the Nigerian Exchange on Wednesday closed on a positive note as the All Share Index appreciated by 1.89% to settle at 39,592.29 points, from the previous close of 38,858.99 points, bringing the year-to-date to 0.90, the month-to-date to 2.50% and the week-to-date to 1.80% respectively.
Investors gained N382billion as Market Capitalization appreciated by 1.89% to close at N20.628trillion from the previous close of N20.246trillion. An aggregate of 474.371million units of shares were traded in 3,547 deals, valued at N4.006billion.
The market breadth closed positive as 24 equities gained while 14 equities declined in their share prices.
NNFM Plc led other gainers with 6.98% growth to close at N8.55 from the previous close of N8.
First Bank, Dangote Cement and Nestle Plc amongst other gainers also grew their share prices by 6.62%, 6.53% and 6.36% respectively.
Julius Berger Plc led other price decliners as it shed 10% off its share price to close at N24.30 from the previous close of N27.
Mansard, Vanleer and Sovereign Plc amongst other losers also shed their share prices by 10%, 9.92% and 8.33% respectively.
First Bank Plc traded about 264.690million units of its shares in 264 deals, valued at N2050Billion.
Universal Insurance Plc traded about 76.666million units of its shares in 17 deals, valued at N15.333million.
Mansard Plc traded about 13.076million units of its shares in 141 deals, valued at N31.076Million.