Equities transactions continued in the positive territory on Thursday as gains recorded on Wednesday were sustained.
The all-share index appreciated by 2.03% to close at 49,661.87 points, being 986.63 points higher than Wednesday’s 48,675.24 points and the market capitalisation rose by N532 billion to close trading at N26,785 trillion as against N26, 253 trillion the previous day.
The gains extended across the board as the day’s trading ended with 18 gainers and 11 losers.
A total of 226.47 million shares with a market value of N2.76 billion were traded in 3,515 deals.
Leading the gainers for the day was Computer Warehouse Group with 10% share price appreciation and a closing price of N0.99k followed by Learn Africa with 9.78% gain and a closing price of N2.47k then Caverton Offshore Support Group rose 9.52% to close at N1.15k.
Conversely, Mutual Benefits Assurance lost 9.68% to close at N0.28k while Honeywell Flour Mill dropped 8.42% to close at N2.72k and Unity Bank lost 4.76% to close at 0.40k.
At the end of the day’s transactions, Mutual Benefits Assurance had the highest volume of 74.5 million shares and was followed by FBN Holdings with 23.4 million shares.
Mercy Chukwudiebere
