Equities investors witnessed an upturn in trading activities on the Nigerian Exchange Group Limited floor
as Thursday’s session closed positive following gains from the share prices of 32 stocks.
The rebound, made possible by the profits recorded in 36 equities, relieved the market after two days of bearish sentiment.
At the close of business, the market capitalisation inched up by N81 billion or 0.1 percent to close at N66.515 trillion, higher than the N66.436 trillion recorded in the midweek session.
Consequently, investors gained 130.24 basis points representing a 0.1 percent increase on the All-Share Index (ASI) of listed equities to close at 106,220.62 points compared to Wednesday’s 106,090.38 basis points.
Thursday’s trading session ended with a total of 341,708, 437 units of shares that exchanged hands in 11,233 deals.
The market sentiment as measured by market breadth closed positive with 36 gainers and 21 losers.
Top gainers for the day were UPDC, INTBREW, ROYALEX, Multiverse among others with a 9.92 percent, 9.62 percent, 9.59 percent and 8.81 percent profit on their respective share prices to close at N2.77k, N5.70k, N0.80k and N8.65k.
The decliners table had UPL, Academy Press, Redstarex and Neimeth among others with a 10 percent, 9.66 percent, 9.32 percent and 9.09 percent drop on their respective share prices to close at N4.32k, N2.62k, N5.35k and N2.75k.
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