By Chiamaka Okechukwu
The Nigerian equities market sustained its positive momentum on Wednesday, as the key index advanced further by 0.32% driven by gains in 32 stocks.
The NGX All-Share Index (ASI) appreciated by 354.25 basis points, representing a 0.32% to close at 112,781.73 compared to the 112,427.48 points of the previous day.
This upward movement added approximately ₦223 billion to the market capitalization, which now stands at ₦71.118 trillion.
The market breadth was positive, with 32 gainers outpacing 21 losers, reflecting broad-based bullish sentiment across sectors.
Leading the gainers list were Oando with a 10% profit on its share price to close at N51.70k, UHOMREIT followed with a 9.96% gain to close at N50.25k and ROYALEX had 8.64% to close at N0.88k.
Conversely, NCR led the decliners list with a 9.89% drop on its share price to close at N5.92k. ABCTRANS followed with a 9.83% decline to close at N2.66k.
ACADEMY PRESS followed with a 9.58% loss to close at N4.53k per share.MEYER led the decliners list with a 9.63% drop on its share price to close at N8.45k.
LIVESTOCK had a 6.77% drop on its share price to close at N8.95k.
Overall, 159.15 million shares valued at ₦16.35 billion were exchanged in 13,482 deals.
Hauwa Abu
