Stanbic IBTC, 16 stocks lift market capitalisation by N8b

in an upbeat, yesterday, as market capitalisation increased by N8 billion.

On market outlook, GTI Securities Limited said: “We expect negative sentiments to persist, as pre-election risks amplify.” Wapic Insurance went up by 5.88 per cent to close at 36 kobo, while Dangote Sugar Refinery appreciated by 3.92 per cent to close at N15.90 kobo. Mutual Benefits Assurance and R.T. Briscoe Nigeria lost 9.68 per cent each to close at 28 kobo each, while Regency Alliance Insurance shed 7.69 per cent to close at 24 kobo.

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Nigerian stocks halt run of big slides as sell-offs in mega-cap shares easeThe all-share index grew 14.1 basis points to 44,332.2, while market capitalisation marginally climbed to N24.1 trillion.
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Why Alaba market was shut down - TradersThe leadership of Alaba International Market on Thursday justified why it shut down the market following Wednesday's clash between traders and tax collectors.
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