Capital market indices appreciate by 2.6 per cent on NSE

Transactions on the Nigerian Stock Exchange (NSE) on Tuesday sustained its bullish trend as the market capitalisation rose by N241 billion, to close at N9.493 trillion.
This is against the N9.252 trillion recorded on Monday.
The 2.6 per cent increase in the value of the stocks pushed the day’s transactions’ index to 28,452.60 points, from the 27,728.63 points attained on Monday.
Nestle topped the gainers’ table with N37.67, to close at N791.17 per share.
7UP followed with a gain of N6.98 to close at N156.98, while Total Oil gained N5.95, to close at N140 per share.
Guinness appreciated by N5.67 to close at N119.07, while Dangote Cement gained N5.21 to close at N149.20 per share.
Conversely, Julius Berger led the losers’ chart by N2.22, to close at N42.18 per share.
CAP lost N1.82 per share to close at N35 per share, while Stanbic IBTC fell by N1 to close at N24 per share.
UAC-Property depreciated by 94k to close at N9.85, while UACN declined by 58k to close at N34 per share.
NAN reports that a total of 500.191 million shares worth N3.49 billion were traded in 4,199 deals.
This is against the 316.509 million shares valued at N2.83 billion traded in 3,776 deals on Monday.
The Financial Service Sector sustained its leading position as the delight of investors with 440.31 million shares worth N2.07 billion in 2,448 deals.
The Banking sub-sector drove activities in the sector by 334.75 million shares valued at N1.78 billion traded in 1,629 deals.