Investors in the Nigerian equities market gained N1.2 trillion at the close of trading on Thursday.
This followed the surge in the share prices of stocks such as Guinea Insurance, CNIF, and Seplat, among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 170,005.36 points from the 168,030.18 points recorded on the previous trading day.
After five hours of trading at the capital market, the equity capitalisation surged to N109.1 trillion from N107.8 trillion posted by the bourse on Wednesday.
The market breadth was positive, with 57 stocks advancing, 17 declining, and 74 remaining unchanged in 46,104 deals.
READ ALSO:NGX: Bearish sentiment persists in stock market as investors lose N367bn
A total of 712,980,642 shares were traded, valued at N22.2 billion.
Guinea Insurance, CNIF, and Seplat led the gainers’ chart, with 10% growth in share prices, respectively, to close at N1.43, N110.00, and N7370. per share, up from N1.30, N1000.00, and N6700.00 per share.
DeapCap, Universal Insurance, and HM Call led other price decliners with a 9.62%, 9.43% and 9.09% dip each in share price to close at N6.20, N1.44, and N4.00 per share, down from the previous N6.96, N1.59, and N4.40 per share
On the volume index, Access Holding Plc led trading with 106 million shares in 1,895 deals, followed by Chams, which traded 44 million shares in 875 deals.
Champion traded 44 million shares in 204 deals.
On the value index, Geregu traded stocks valued at N2.8 billion in 98 deals, followed by Access Holding Plc, which traded equities worth N2.4 billion in 1,895 deals.
Seplat traded shares valued at N1.8 billion in 314 deals.
Babajide Okeowo
The post NGX: Investors reap ₦1.2tr in equities market boom appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
