All share index advances by 2.10%

By Toyin Ajadi, Lagos

Trading activities on the Nigerian stock exchange closed positive for the fourth consecutive day on Thursday with the market indicators rising by 2.10%

The all share index appreciated by 2.10% or 746.47 basis points to close at 36,239.62 points  as against 35,493.15 on Wednesday.

Also, the market capitalisation appreciated by 2.10% or N390 billion to close at N18.940 trillion compared to N18.550 trillion on Wednesday.

The market sentiment also remained positive  just as 343.63 million units of shares worth N4.35 billion were traded in 3,895 deals.

First on the gainers’ list on Thursday was Airtel Africa which gained N70.40k to close at N774.40k, followed by Dangote Cement which gained N5.00 to close at N200.00,then Okomuoil with a gain of N3.00 to close at N91.00.

On the losers list were Flourmill with a loss of 50k to close at N26.00,Guaranty with a loss of 20k to close at N33.75k and FCMB with a loss of 14k to close at N2.86k.

FBNH had the highest volume of trade as it traded 99,387 million shares valued at N700.45 million followed by Sky Aviation with 24 million shares worth N64.02 million.

Confidence Okwuchi