- Agency Report
Investors traded 926.9 million shares valued at N26.9 billion in 30,703 deals on Thursday.
This compared with 589.5 million shares worth N24.01 billion exchanged in 28,485 deals on Wednesday.
The figures reflected a 57 per cent rise in volume, 12 per cent growth in turnover, and 8 per cent increase in transactions
Japaul Gold led trading with 436.04 million shares valued at N1.1 billion.
Fidelity Bank followed with 77.3 million shares worth N1.5 billion, while Lafarge WAPCO sold 46.4 million shares valued at N6.9 billion.
Access Corporation exchanged 32.6 million shares worth N804.8 million, while National Salt Company traded 17.9 million shares valued at N1.9 billion.
The market extended its bullish run as investors gained N479 billion in value.
Similarly, the market capitalisation rose by N479 billion or 0.49 per cent to close at N98.059 trillion, up from N97.580 trillion on Wednesday.
The All-Share Index increased by 753.65 points or 0.49 per cent to settle at 154,489.90, compared with 153,736.25 in the previous session.
The uptrend was driven by sustained buying interest in PZ Cussons, The Initiates, Aso Savings, CAP, Lafarge WAPCO, and 29 other stocks.
However, market breadth closed negative with 37 losers against 34 gainers.
John Holt led the losers’ chart with a 9.72 per cent decline to N6.50. Multiverse Mining followed with a 9.71 per cent fall to N12.55, while Stanbic IBTC dropped 9.15 per cent to N107.20.
Nigerian Breweries shed 7.83 per cent to close at N70, while UPDCreit fell 7.55 per cent to end at N7.35 per share.
Conversely, PZ Cussons and The Initiates topped the gainers’ list with 10 per cent each, closing at N42.90 and N14.30 per share respectively.
Aso Savings gained 9.09 per cent to close at 60k, while CAP rose 8.82 per cent to N74 per share.
Lafarge WAPCO also advanced by 8.63 per cent to finish at N150.45 per share. NAN