Cynthia Ezekwe
Trading activities on the floor of the Nigerian Exchange (NGX) closed bullish on Thursday, with a gain of N133 billion in market capitalisation.
The market capitalisation was up 0.50 per cent to close at N26.816 trillion from the previous close of N26.682 trillion, while All Share Index grew by grew by 0.50 per cent to close at 49,233.02 points from the previous close of 48,988.04 points.
Meanwhile, an aggregate of 222.8 million units of shares were traded in 2,758 deals, valued at N2 billion.
The market breadth also closed in positive terrain as CAP led 20 gainers against eight equities that recorded losses in their share prices, led by MCNICHOLS.
CAP Plc topped the gainers chart with 9.88 per cent growth to close at N17.80 from the previous close of 16.20. ARDOVA, Cornerstone and THOMAS WYATT among other gainers also grew their share prices by 9.51 per cent , 8.33 per cent and 8.33 per cent respectively.
On the contrary, MCNICHOLS recorded the biggest loss as it shed 10.00 per cent of its share price to close at N0.54 from the previous close of N0.60.
GEREGU and GTCO among other losers also depreciated by 8.11 per cent and 4.35 per cent respectively.
For the top three performers by volume,Sterling Bank traded about 153.3 million units of its shares in 33 deals valued at N205 million, GTCO traded about 10 million units of its shares in 291 deals, valued at N216.9 million, while Zenith Bank traded about 8.7 million units of its shares in 216 deals, valued at N200 million.
As of the close of the day’s trading, the stock market value stood at N26.8 trillion.
