Equity Market Crosses N10 Trillion Market Capitalization

Equity Market Crosses N10 Trillion Market Capitalization

The Nigerian Stock Exchange crossed the N10 trillion mark in Wednesday’s trading session.

The performance of the bourse is off to a remarkable start this 2013, mostly due to bullish performance by consumer goods stocks, cement stocks and banking sector stocks.

The ASI closed up 1.49% to close at 31446.22. The market capitalization of the bourse hit N10.06 trillion.

Top ten stocks leading the market in capitalization are as follows

Dangote Cement - N2.6 trillion,

Nigerian Breweries- N1.2 trillion,

GTBank- N721 billion,

Zenith -N640 billion,

Nestle- N594 billion,

First Bank- N587 billion,

Guinness- N420 billion,

Access- N248 billion,

UBA- N207 billion, and Lafarge- N195 billion.

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