The Nigeria equity market on Thursday resumed trading on a bullish note occasioned by 7.83% gain in the share price of Dangote Cement.
The All Share Index appreciated by 1.67% to settle at 38,585.52 points from the previous close of 37,952.65 points.
Investors gained N330 billion as the Market Capitalisation grew by 1.67% to close at N20.104 trillion from the previous close of N19.774 trillion.
An aggregate of 203 million units of shares were traded in 3,969 deals, valued at N1.72 billion.
The Market Breadth closed positive as 22 equities appreciated in their share prices against 12 equities that declined in their share prices.
Percentage Gainers
Total Nigeria Plc led other gainers with 10% growth, closing at N184.8 from the previous close of N168.
Cutix, Oando, and Dangote Cement among other gainers also grew their share prices by 9.77%, 9.73% and 7.83% respectively.
Percentage Losers
AIICO Insurance led other price decliners as it shed 8.70% of its share price to close at N1.05 from the previous close of N1.15.
Sovereign Trust Insurance and Veritas Kapital among other price decliners also shed their share prices by 6.45% and 4.00% respectively.
Volume Drivers
Sterling Bank traded about 22.49 million units of its shares in 91 deals, valued at N33.80 million.
UCAP traded about 16.90 million units of its shares in 262 deals valued at N115 million.
Fidelity Bank traded about 14.06 million units of its shares in 100 deals, valued at N33.69 million.