million) rise in market capitalization, following positive year-end
earnings from blue chip companies.
Tuesday's trading at the bourse revealed a 0.29 percent appreciation
from N11.905 trillion ($74.76 billion) at the start of business, to
close at N11.939 trillion ($74.97 billion), an outcome that
strengthens the Exchange's target for a $1 trillion market cap by
2016.
Companies that topped the gainers list include Forte Oil, which led
the chart with a N6.58 ($0.04) gain to close at N70.88 ($0.45). Other
gainers were Guinness Nigeria with N6.06 ($0.038) gain to close at
N246.02 ($1.54), and Nigerian Breweries, up to N176 ($1.1) after a N4
($0.025) appreciation.
Indigenous oil firm, Conoil, also managed a N1.92 ($0.012) gain to end
the day N40.48 ($0.25).
At the backend of the trading list is Cadbury Nigeria. The company
recorded the greatest loss as it share fell by N2.50 to close at
N56.50 ($0.35) per share. Zenith Bank, Larfarge Wapco and Unilever
also posted marginal losses.
