Border Reopening: NSE Market Capitalisation Hits N19trn

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The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips.

Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion.

Omordion said that many positive factors were in favour of the stock market when compared with the money market. United Capital trailed with 6k to close at N4.65, while May & Baker dipped by 4k to close at N3.85 per share.Niger Insurance was the most active stock with an exchange of 130.24 million shares valued at N26.05 million.

 

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