Investors in the Nigerian equities market gained N65 billion at the close of trading on Thursday.
This followed a surge in the share prices of stocks like ETERNA, CADBURY, and FIDSON amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalisation rose to ₦65.27 trillion from ₦65.22 trillion posted by the bourse on Wednesday.
The benchmark All-Share Index (ASI) increased to 105,430.15 points from 105,324.89 points recorded the previous day.
The market breadth was positive as 33 stocks advanced and 22 stocks declined, while 64 stocks remained unchanged in 15,450 deals.
ETERNA, CADBURY and FIDSON led other gainers with 9.88%, 9.88% and 9.77% growth each in prices to close at N33.35, N26.70 and N19.10 from the previous N30.35, N24.30 and N17.40 per share.
TRIPPLEG, GOLDEN BREWERIES, and VERITASKAP led other price decliners with 9.72%, 8.91%, and 7.81% dip in share prices to close at N2.23, N7.87 and N1.18 from the previous N2.23, N8.64 and N1.18 per share.
On the volume index, ACCESSCORP led trading with 61 million shares in 647 deals followed by STERLING NIGERIA which traded 50 million shares in 402 deals.
ZENITH BANK traded 40 million shares in 666 deals.
On the value index, GEREGU traded stocks worth N8.2 billion in 130 deals followed by ZENITH BANK which traded equities worth N2 billion in 666 deals.
PRESCO traded shares valued at N1.7 billion in 774 deals.
By: Babajide Okeowo