The Nigerian Exchange market (NGX) sustained its bullish trend on Wednesday as 39 stocks rally on impressive half year results hitting the market as well as continuous stability in microeconomy space.

The All Share Index advanced by 0.99% to close at 139,278.67 points from the previous close of 137,912.87 points.

Investors gained N864 billion as the Market Capitalisation grew by 0.99% to close at N88.055 trillion from the previous close of N87.191 trillion.

An aggregate of 922 million units of shares were traded in 36,423 deals, valued at N35 billion.

Market Breadth

The market breadth closed positive as 39 equities appreciated in their share prices against 31 equities that declined in their share prices.

Percentage Gainers

Royal Exchange and MULTIVERSE led other gainers with 10.00% growth each, closing at N1.54 and N9.90 from the previous close of N1.40 and N9.00 respectively.

Berger Paint, NPF Microfinance and Dangote Sugar among other gainers also grew their share prices by 9.97% apiece.

Percentage Losers

FTN Cocoa and ABBEYBUILDING led other price decliners as they shed 10.00% each of their share prices to close at N6.30 and N6.48 respectively.

Living Trust Insurance and Sunu Assurance among other price decliners also shed their share prices by 9.97% and 9.61% respectively.

Volume Drivers

Fidelity Bank traded about 90 million units of its shares in 914 deals, valued at N1.89 billion.

ACCESSCORP traded 43 million units of its shares in 1,427 deals, valued at N2.2 billion.

Universal Insurance traded about 32 million units of its shares in 110 deals, valued at 21 million.