Investors in the Nigerian equities market gained N96 billion at the close of trading on Wednesday.
This followed a surge in the share prices of stocks like INTENEGINS, JOHN HOLT and EUNISELL amongst others on the trading floor today.
After five hours of trading at the capital market, the equity capitalization increased to N59 trillion from N58.9 trillion recorded by the bourse on Tuesday..
The benchmark All-Share Index (ASI) increased to 97,477.80 from 97,260.39 recorded the previous day.
The market breadth was positive as 39 stocks advanced and 19 stocks declined, while 62 stocks remained unchanged in 8,305 deals.
INTENEGINS, JOHN HOLT and EUNISELL led other gainers with 10%, 9.98% and 9.88% growth each in share prices to close at N1.32, N6.39, and N10.90 from the previous N1.20, N5.81 and N9.92 per share.
REGALINS, DAAR COMMUNICATION, and SOVEREIGN INSURANCE led other price decliners with 10%, 7.46%, and 6.35% decline each in share prices to close at N0.45, N0.62, and N0.59 from the previous N0.50, N0.67 and N0.63 per share.
On the volume index, ACCESS CORP led trading with 40 million shares in 490 deals followed by UBA which traded 23 million shares in 522 deals.
FIDELITY BANK traded 21 million shares in 225 deals.
On the value index, ARADEL traded stocks worth N1.6 billion in 810 deals followed by ACCESS CORP which traded equities worth N979 million in 1, 202 deals.
GTCO traded shares valued at N794 million in 224 deals.
Join the conversation
Opinions
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
Donate Now