Stocks market value surged on Wednesday, January 20 by over 3 per cent to halt an eight straight days losing streak.
At the end of the mid-week trading on the floor of the Nigerian Stock Exchange (NSE), the market capitalization surged by N302 billion from N7.723 trillion it opened to close at N8.025 trillion.
Market turnover closes negative as volume declined by 5.42 per cent against 30.66 per cent uptick recorded in the previous session. Guaranty Trust Bank Plc, FCMB Plc and UBA Plc were the most active to boost market turnover.
Top on gainers’ log was Nestle Nigeria Plc with a gain of N33.75 kobo to close at N708.85 kobo, followed by Dangote Cement Plc with N5.38 kobo to close at N128.89 kobo, and Lafarge Africa Plc with N3.47 kobo to close at N83.47 kobo per share.