Specifically, at the close of transactions yesterday, the All-Share Index , which measures the performance of quoted companies rose by 59.80 absolute points, representing a gain of 0.12 per cent to close at 48,426.49 points. Accordingly, investors gained N33 billion in value as market capitalisation went up to N26.377 trillion.
Analysts at Vetiva Dealings and Brokerage said: “We expect mixed sectoral performance tomorrow amid cherry-picking activities, especially in the banking sector.” On the contrary, SCOA emerged the day’s highest price loser with 9.38 per cent to close at 87 kobo while Unity Bank followed with 7.02 per cent to close at 53 kobo. Cornerstone insurance depreciated by 6.25 per cent to close at 45 kobo. Chams lost 4.35 per cent to close at 22 kobo.