The all-share index of the Nigerian Stock Market appreciated by 891.31.
This rise when considered in percentage shows that at the close of trade, the all-share index had a rise of 1.21%.
The Nigerian Exchange Ltd witnessed an upsurge in the All-Share Index on Thursday.
Increasing by 891.31 points or 1.21%, the All-share index closed at 74,289.02 higher than Wednesday’s 73,397.71.
Rising significantly, the market capitalisation rose by ₦487.74 billion, reaching ₦40.653 trillion against the previous ₦40.165 trillion.
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Gainers And Losers
Industrial and Medical Gas led the gainers with a 10% rise, closing at ₦9.35 per share.
Transcorp Hotel followed with a 10% surge, closing at ₦8.47, while Okumu Oil recorded a 9.96% increase, closing at ₦263.90 per share.
Infinity rose by 9.87%, and SCOA gained 9.39%, closing at ₦1.98 per share.
Conversely, Johnholt led the losers’ chart with a 10% decline, closing at ₦2.34 per share.
Ellahlakes dropped by 9.94% to close at ₦2.90, and TrippleG declined by 9.66%, closing at ₦2.15 per share.
Regalins shed 8.11% to close at 34k, while UACN lost 5.96%, closing at ₦15 per share.
The day’s market activities saw trade turnover slightly higher than the previous session, with the transaction value rising by 1.54%.
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A total of 760.93 million shares valued at ₦13.03 billion were traded in 7,990 deals.
Abbey Mortgage Bank led the volume with 224.08 million units traded, while Nestle topped the value chart transactions worth ₦2.65 billion.
The positive market trend signifies investor optimism and increased trading activity within the Nigerian equities market.
