NSE index up 1.04%, as MRS, Ikeja Hotels, Capital Hotels shed weight

WorldStage Newsonline-- In spite that most blue chips dominated the losers' table, transactions on the floor of the Nigerian Stock Exchange closed Wednesday in an impressive note.

 

Market capitalisation rose by 1.04 per cent or N111 billion from N10.576 trillion Tuesday to N10.687 trillion today, while 22 stocks advanced and 34 declined.

 

The All-share index increased by 1.04 per cent from 33,086.29 Tuesday to 33,432.68, while turnover of 365,823,426 shares worth N5 billion exchanged hand in 5,476 deals.

 

On the gainers’ table, ABC Transport led with a gain of N0.06 kobo to close at N0.67 kobo per share, Learn Africa gained N0.18 kobo to close at N2.01 kobo per share and NAHCO plc gained N0.40 kobo to close at N6.00 kobo per share.

 

On the flip side MRS led by shedding N2.01 kobo to close at N18.15 kobo per share, Ikeja Hotels Plc shed N0.07 per share to close at N0.64 kobo per share and Capital Hotels shed N0.50 kobo per share to close at N4.59 kobo per share.