The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotunde recorded a bullish performance on Tuesday with the market capitalisation improving by N58 billion following gains in high capitalised stocks.
The uptrend was impacted by gains recorded in large and medium capitalised stocks, amongst which are; Nestle, Guaranty Trust Bank, Zenith Bank, Dangote Sugar Refinery and FCMB Group. Guaranty Trust Bank grew by five per cent to close at N21, while Zenith Bank appreciated by 4.58 per cent to close at N14.85 per share.
Unilever Nigeria lost 4.55 per cent to close at N10.50, while International Breweries shed 4.17 per cent to close at N4.60 per share.
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