The Nigerian Stock Exchange on Wednesday continued on a positive trend, with the All-Share Index appreciating marginally by 4.64 (0.02%) to close at 28,214.57 compared to 28, 209.93 the previous day.
Equities transactions have appreciated for three consecutive days with Conoil Plc. leading the gainers’ chart posting a N3.91 increase in price to close at N42.6 per share. Counterpart MRS Oil Nigeria Plc. trailed, closing N39.9 with a N1.42 gain. Total Nigeria Plc. recorded a marginal change in share price value which closed at N269 with a N1 increase.
Meanwhile, a turnover of 3.095 million shares exchanged in 2,815 deals was recorded in the day’s trading at a value of N6.24 billion placing market capitalization at 9.69 trillion.
On the converse list, Guinness Nigeria Plc. shed N7 to close at N93, posting the highest decline. The distiller recently released its audited half year financial statements and made changes to the board of directors. Counterpart, Nigerian Breweries Plc. followed, sliding N1.31 down from N143.35. A volume of 2,407,372 of the distiller’s share were exchanged at a value of N341.87 million.
