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NSE: Market indices close upbeat with 1.24 per cent growth

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The market capitalisation, which opened at N10.771 trillion, rose by N134 billion or 1.24 per cent, to close at N10.905 trillion.

rebounded on Tuesday with a growth of 1.24 per cent, after a loss of over N200 billion in the preceding trading session.

The upturn was impacted by gains recorded in medium and large capitalised stocks, among which were MTN Nigeria, Lafarge Africa, Zenith Bank, Custodian Investment and United Bank for Africa. Lafarge Africa increased by 9.69 per cent to close at N10.75, while Custodian Investment appreciated by 9.52 per cent to close at N5.75 per share.

UACN Property declined by 9.47 per cent to close at 86k, while Wapic Insurance shed 7.14 per cent to close at 26k per share.

 

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