Gains from Seplat Energy, Meyer Paints, Sunu Assurance, and 18 other stocks lifted the stock market.
Trading activities on the floor of the Nigerian Exchange Limited (NGX) recorded gains after losses recorded on Tuesday.
The NGX gained ₦133 billion in market capitalisation from Seplat Energy Plc and 20 other stocks.
Recovering from the previous day’s loss, the NGX All-Share Index (ASI) gained 242.29 basis points or 0.34% to close at 71,283.34 basis points
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Market capitalisation rose by ₦133 billion to close at ₦39.008 trillion.
The market breadth closed negative as 21 stocks gained relative to 39 losers.
Gainers Table
Seplat Energy emerged as the highest price gainer of 10% to close at ₦2,310.10, per share.
Meyer followed with a gain of 9.79% to close at ₦3.59, while SUNU Assurance rose by 9.56% to close at ₦1.49, per share.
Nestle Nigeria increased by 9.52% to close at ₦1,150.00, while Consolidated Hallmark Holdings added 9.24% to close at ₦1.30, per share.
Losers Table
On the other side, Guinea Insurance led the losers’ chart with 10% to close at 27 kobo, per share.
Omatek Ventures followed with a decline of 9.88% to close at 73 kobo, while Abbey Mortgage Bank shed 9.68% to close at ₦1.68, per share.
The share price of NEIMETH International Pharmaceuticals depreciated by 9.45% to close at ₦1.82, while Tantalizers was down by 8.62% to close at 53 kobo, per share.
Total volume traded declined by 32.55% to 360.601 million units, valued at ₦6.611 billion, and exchanged in 6,579 deals.
Transactions in the shares of GTCO led the activity with 56.908 million shares worth ₦2.191 billion.
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Transcorp followed with an account of 27.382 million shares valued at ₦184.098 million, while UBA traded 21.449 million shares valued at ₦456.465 million.
Secure Electronic Technology traded 20.648 million shares worth ₦14.750 million, while Access Holdings traded 15.905 million shares worth ₦285.737 million.
