The Nigerian equities market has maintained bullish trends for the third consecutive day this week.
The Nigeria Exchange Group Limited (NGX) benchmark index, the All-Share Index appreciated further by 0.15 percent on Wednesday, representing a 71.64 basis points to close at 44,859.78 compared to Tuesday’s 44,788.14.
At the end of mid week trading, the market capitalisation of listed equities increased by N39 billion to close at N24.433 trillion higher than the N24.394 trillion of the previous day.
The day ended with a total volume of 93,514 million units of shares that exchanged hands in 3,187 deals.
The market sentiment when measured by market breadth saw 12 equities making it to gainers list with 20 on the losers list
MULTIVERSE led the gainers table with a 10 percent gain on its share price to close at N4.62k followed by RTBRISCOE with a 10 percent gain on its share price to close at N0.33k. Then UPL had a 9.15 percent price gain to close at N1.79k.
On the other hand, CUTIX led the losers table with a 6.51 percent loss on its share price to close at N2.01k followed by Jaiz Bank which had a 6.19 percent to close at N0.91k and Dangote Sugar lost 5.83 percent to close at N15.35k.
