By Babajide Okeowo
LAGOS (CONVERSEER) – Investors in the Nigerian equities market gained N233 billion at the close of trading on Thursday.
This followed the surge in the share prices of stocks such as RT Briscoe, SCOA and DeapCap, among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 165,527.31 points from the 165,164.38 points recorded the previous trading day.
After five hours of trading at the capital market, the equity capitalisation surged to N105.9 trillion from N105.7 trillion posted by the bourse on Wednesday.
The market breadth was positive with 41 stocks advancing, 27 stocks declining, and 80 stocks remaining unchanged in 38,665 deals.
A total of 691,417,242 shares were traded, valued at N15.3 billion.
RT Briscoe, SCOA and DeapCap led the gainers’ chart with 10%, 9.91% and 9.91% growth each in share prices, respectively, to close at N7.15, N31.60, and N10.43 per share, up from the previous N6.50, N28.75, and N9.49 per share.
On the volume index, Veritas Kapital led trading with 56 million shares in 307 deals, followed by GTCO, which traded 26 million shares in 1, 443 deals.
Tantalizer traded 26 million shares in 502 deals.
On the value index, GTCO traded stocks valued at N2.3 billion in 1,636 deals, followed by Aradel, which traded equities worth N1.8 billion in 699 deals.
Zenith Bank traded shares valued at N1.4 billion in 1,317 deals.
