Investors gained N13 billion on the floor of the Nigeria Exchange Limited on Thursday.
Stocks at Julius Berger Nigeria, Ardova Plc, Stanbic IBTC Holdings, FBN Holdings, and Champion Breweries were largely responsible for the bullish trend.
Market breadth was positive as 17 stocks gained, relative to 14 decliners. Julius Berger Nigeria recorded the highest price gain of 9.91 percent to close at N23.30, per share.
This was the seventh consecutive trading day, the stock market sustained its bullish run as capitalisation rose by N13bn at the end of trading activities yesterday.
The All Share Index (ASI) rose by 24.00 basis points or 0.05 percent to close at 49,499.43 basis points.
As a result, the overall market capitalisation value closed at N26.961tn against N26.948 the previous day.
The upturn was impacted by gains recorded in medium and large-capitalised stocks.
