Investors in the Nigerian equities market gained another N283 billion at the close of trading on Thursday to sustain the momentum in the market.
This followed the surge in the share prices of stocks such as Deap Cap, RT Briscoe, and Seplat, among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 178,625.63 points from the 178,184.35 points recorded on the previous trading day.
After five hours of trading at the capital market, the equity capitalisation surged to N114.6 trillion from N11.3 trillion posted by the bourse on Wednesday.
The market breadth was positive, with 46 stocks advancing, 35 declining, and 68 remaining unchanged in 50,886 deals.
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A total of 698,342,149 shares were traded, valued at N28.4 billion.
Deap Cap, RT Briscoe, and Seplat led the gainers’ chart, with 10% growth in share prices, respectively, to close at N8.69, N15.84, and N8,107.00 per share, up from N7.90, N14.40, and N7,370.30 per share.
NAHCO, Abbey Mortgage, and Eterna led other price decliners with a 9.98%, 9.68% and 9.50% dip each in share price to close at N148.45, N11.20, and N30.00 per share, down from the previous N164.90, N12.40, and N33.15 per share
On the volume index, Access Holding Plc led trading with 52 million shares in 1,748 deals, followed by Zenith Bank, which traded 42 million shares in 2,061 deals.
Tantalizer traded 42 million shares in 1,916 deals.
On the value index, GTCO traded stocks valued at N4.3 billion in 1,767 deals, followed by Zenith Bank, which traded equities worth N3.3 billion in 2,061 deals.
MTN Nigeria traded shares valued at N2 billion in 3,147 deals.
By: Babajide Okeowo
The post NGX: Deap Cap, Briscoe among top entities as investors make N283bn appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
