The equity market on Thursday closed on a positive note occasioned by gains in the share prices of Dangote Cement and MTN by 7.84% and 3.94% respectively.
The All Share Index appreciated by 1.75% to close at 39,461.20 points from the previous close of 38,781.48 points.
Investors gained N356 billion as Market Capitalisation appreciated by 1.75% to close at N20.652 trillion from the previous close of N20.296 trillion.
An aggregate of 270.681 million units of shares were traded in 3,897 deals, valued at N2.03 billion.
The Market Breadth closed positive as 24 equities appreciated in their share prices while 17 equities declined in their share prices
Percentage Gainers
Fidson and Julius Berger led other gainers with 10% growth, closing at N5.28 and N20.9 respectively.
EKOCORP and Consolidated Hallmark Insurance among other gainers also grew their share prices by 9.26% and 9.09% respectively.
Percentage Losers
CWG Plc led other price decliners as it shed its share price by 9.84% to close at N2.29 from the previous close of N2.54.
Mutual Benefit Assurance and FBNH among other price decliners also shed their share prices by 7.50% and 6.76%.
Volume Drivers
- FBNH traded about 51.524 million units of its shares in 527 deals, valued at N359.827 million.
- Transcorp traded about 42.465 million units of its shares in 106 deals, valued at N40.02 million.
- EKOCORP traded about 20 million units of its shares in 20 deals, valued at N118 million.