Business NSE Market Capitalisation Rises by N50bn

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LequteMan

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Weekly trading on the Nigerian Stock Exchange (NSE) ended on positive note on Friday with the market capitalisation appreciating by 0.41 per cent.

The market capitalisation rose by N50 billion or 0.41 per cent to close at N12.117 trillion from the N12.067 trillion achieved on Thursday.

The rise in the market capitalisation was as a result of the listing of Computer Warehouse Group shares.

A breakdown of the activity chart indicated that the financial service sector was most active with 153.47 million shares worth N839.57 million in 2,131 deals.

In all, the volume of shares traded appreciated by 35.38 per cent as 377.34 million shares worth N2.74 billion werer traded in 4,835 deals.

This was in contrast to the 278.73 million shares valued at N2.93 billion achieved in 4,358 deals on Thursday.

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