After two days of consecutive losses at the Nigerian Exchange Group (NGX), the market capitalization of equities rose by N355 billion to close at N20.651 trillion as against N20.296 trillion on Wednesday.
In the same vein, the All-Share index increased by 679.72 points or 1.75% to close at 39,461.20.
A total of 270.681,776 shares worth N2.03 billion were traded in 3,897 deals on Thursday.
The market sentiment also closed positive, ending with 24 gainers and 17 losers. Fidson Healthcare led the gainers with N0.48k price appreciation to close at N5.28k.
It was followed by Julius Berger Nigeria with N1.90k price gain to close at N20.90k, then Ekocorp, which gained N0.50k to close at N5.90k.
On the other hand, Computer Warehouse Group topped the losers’ list after losing N0.25k to close at N2.29k, followed by Mutual Benefit, which lost N0.03k to close at N0.37k; First Bank Nigeria Holdings lost N0.50k to close at N6.90k.
First Bank Nigeria Holdings recorded the highest volume of 51.5 million traded shares followed by Transcorp with 42.7 million shares.
Out of the five indices tracked, two closed in green, while the rest moved in mixed directions:
The Insurance index rose by 1.36% and the Industrial index rose by 3.58%. On the other hand, the Consumer goods index fell by 0.22%, while the banking index fell by 1.35% and the Oil and Gas index closed flat.
Amaka E. Nliam
